How Linkedin gets 20x more money per user than Facebook

Forbes has LinkedIn CEO Jeff Weiner on the cover—but the professional social network’s business model is the real hero of the story.

Here are some of the amazing statistics Forbes’ George Anders reports:

  • LinkedIn users spend an average of 18 minutes a month on the site. Facebook users spend 6.4 hours a month.
  • But LinkedIn gets $1.30 in revenue for every hour those users spend on site. Facebook: 6.2 cents.
  • Anders describes LinkedIn’s most expensive product offering, LinkedIn Recruiter, as a “Bloomberg terminal” for talent scouts. It costs up to $8,200 a year per “seat,” or user license.
  • Adobe, a big LinkedIn customer, has 70 seats. At list prices, that’s about half a million in revenue a year from a single client.
  • LinkedIn’s top salespeople make as much as $400,000 a year selling Recruiter.
  • LinkedIn spends 33 percent of revenue on sales and marketing.
  • LinkedIn’s profits are expected to double this year to $70 million.

 

Via – How LinkedIn Gets TWENTY Times More Money Per User Than Facebook

 

**Note: Facebook’s profit in the last quarter was $205 million on revenue of $1.1 billion.

 

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HBO posts first episode of new show, Girls, on YouTube until May 14

In a new twist for HBO, they have posted episode 1 of their new series, Girls, on YouTube. The show, which will only be available until May 14, is about four college graduates struggling to get by in New York City.

A sort-of Sex in the City, the early years. The bio from HBO:

Created by and starring Lena Dunham (“Tiny Furniture”), the show is a comic look at the assorted humiliations and rare triumphs of a group of girls in their early 20s. Dunham wrote and directed the pilot of the series, which she executive produces along with Judd Apatow and Jenni Konner.  The cast also includes Jemima Kirke, Allison Williams, Adam Driver and Zosia Mamet.  Episodes were shot in New York. The ten-episode season debuts in 2012.

 

Watch the full pilot episode – Girls

 

Clip – “you know that part about special skills on your resume…”