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LinkedIn Closes Its Round; Got That Billion Dollar Valuation

June 17th, 2008 at 9:31 pm

Source:TechCrunch
California’s Department of Public Health has issued cease and desist letters to 13 genetic testing startups - most notably 23andMe, which Michael tried out earlier this year. The C&D’s are mandating that the labs demonstrate that they have been certified by both the state and federal government, and, perhaps more importantly, that all genetic […]Source:TechCrunch
LinkedIn has raised $53 million from Bain Capital Ventures, Sequoia Capital, Greylock Partners, and Bessemer Ventures. The investment values the business social network at just over $1 billion.
We reported in early May that Allen & Co was out trying to pitch LinkedIn at that valuation. It turns out the company was not actually working with […]

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