LinkedIn Moving On Up

The social network site 'LinkedIn' went public yesterday at the NYSE and their share skyrocketed in value. At one point it was at $83 a share. LinkedIn has already leased an entire floor in the Empire State Building. LinkedIn is not playing. To me, LinkedIn is a place for networking where spam is accepted and jobs are found. I go on LinkedIn to find the latest start up eBiznez info and product review. LinkedIn connects people together by allowing people to show their hand in business. LinkedIn's shares have reached a 36x earning since going public. Stocks are nice and people are buzzing. I've been on LinkedIn for about a year and I've always felt this was a great site to help expand my mind to other peoples ideas.
Another site that I'm on that is close to LinkedIn Is My Networking Pro It's also catered to the business mind with a twist of contemporary social sites. With options to video your announcements and post to classified adds a little flavor to the site. LinkedIn's popularity has increased the last six months and friend request where coming left and right. Link with the people that will help you know. You will catch me on there trying to find news ideas or spreading the word about a merchandise. LinkedIn is great but it won't last because the "back office" of the site lacks in-depth access and abilities. For some people that will work because they are gathering quick information. For some the ability to do more means more to them. As of right now LinkedIn is valued at $9.4B. LinkedIn has $106M in cash and equivalences. 30% of LinkedIn's money comes from over seas.

So my OPINION is that if LinkedIn wants to keep increasing their value they should expand their network platform on it's site and add more abilities to get the users brand or resume out through different outlets.