50 Million Reasons Why LinkedIn Is Happy

LinkedIn’s blog has reported today that it has reached 50 million users. 


As of early this morning, LinkedIn has 50 million users worldwide and we’re growing that figure at roughly one new member per second.  When LinkedIn launched in 2003, it took 477 days — almost a year and four months — to reach our first million members. This last million took only 12 days.

This is important news, as there has been recent concern over Twitter’s stagnant growth lately.  According to the blog, about half of its growth has been international, with the fastest-growing segment being India.  Also, as great as the actual growth is, LinkedIn shows even more excitement in the way people are using the site.  Creating and maintaining one’s professional identity, connecting with former colleagues and networking in general.

There is no question that LinkedIn is capitalizing on the state of the economy at a time when job loses are historically low, but that shouldn’t undermine the fact that it is a terrific site.  I recently had a conversation with a friend who is a recruiter, and she has seen that employers will sometimes dismiss an applicant simply on the count that they do not have a LinkedIn account.  I suspect that this momentum will only continue for LinkedIn, especially considering the international success as well.  For those skeptical about social media, LinkedIn looks like it is here to stay.  And for those looking to make an impact in the professional world, you better make sure you have an account on the site.  Right now LinkedIn has 50 million reasons to be happy, in a few months they may have 100 million reasons.


~ by danjsilver on October 14, 2009.

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