Wed 31 Jan 2007
LinkedIn just got another $13million; Are they ready for Verb Status?!?
Posted by Jake Carey-Rand under Boston, IV General Posts, Innovation, LinkedIn, Software, Web2.0
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I want to apologize for being out of touch again recently, but there are only so many things I can do at once. As I’ve mentioned before, I am an expert multi-tasking machine, with 10 browsers, four email accounts, three phone lines and three instant messenger accounts all going at once (along with the hyper Mini Schnauzer to keep track of). However, I have been working on a couple of projects lately which have demanded more than their fair share of time. Not that I’m complaining, but I miss communicating to the masses from time to time (i.e. blogging about some useful and some useless subjects which some people might actually care about).
Last night however, I did get the opportunity to attend the bi-monthly Web Innovators Group of Boston. Boston, (2nd only to Silicon Valley in technology innovation), is a buzz these days (and not only because of the Mooninites which took over the city today), but because of all of the great concepts being shown the light of day (and a healthy side dish of venture capital always present).
Check out the WebInno site for links and great information about the eight featured companies from last night. There were some good ideas with real-world applicability, and there were a few which were marketed towards a smaller, niche market. However, while listening to all of the various presentations about what widget does what and how and with what other services, I realized something else; slightly related, as always.
LinkedIn, the preeminent professional social networking site has just recently received another $13million in funding…. Why? Well, honestly I don’t think they need it (despite the lack of a couple of crucial features), but more importantly, because the word “LinkedIn” was mentioned every five minutes last night. I’m serious when I say that every single presentation, no matter what the product or service being marketed or discussed, LinkedIn was somehow referred to… In certain circles, they have almost reached “verb status” just like Google… That is why they received the extra funding. They now have to campaign and sell their service as if they were a new and exciting word in the English language. Let’s just call it the Webster’s charge.
*EDIT: In case you were wondering who those “terrorists” were who put up Mooninites flipping us off all over Boston yesterday, here is the evidence.
