About the Author

Scott BalesI have a strong personal interest in Financial Inclusion through the enablement of innovative technologies. Past roles include the Head of Technology at WING Cambodia and a Mobile Financial Services Consultant with HSL Consulting. Drawing from 10 years experience in Financial Services and vast networks across industry, I work with organisations on strategies and plans to establish build and optimize market offerings. I enjoy close relationships with many of the large International Development organizations.

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Friday, May 20, 2011

Proof: Social Networks are Viable Commercial Businesses

Many of us would have read in the news today that LinkedIn(LNKD), the online professional networking platform, had an overly successful IPO with their shares going for up to USD 120 after opening at pricing at just USD 45 before opening. An astounding achievement for an small internet start-up, in a time where social networks come under continual scrutiny over their commercial value.


The success of LinkedIn's IPO now fuels the rumor mill as companies like Facebook, Groupon, Pandora, Kayak and other look to launch their own Public Offerings in the coming year. Could any of these repeat the success of LinkedIn, or are we witnessing a bubble created by first mover advantage. One this is for sure, LinkedIn's Market Capital has accelerated beyond many individuals wildest dreams. So now we can all get in on the action, as retail investors buy up stock in a previously dreary Tech Stock market.
Posted by Unknown at 4:52 PM

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