LinkedIn Chairman Reid Hoffman, speaking at the Web 2.0 conference in San Francisco, handily dismissed concerns that its older demographic could stop it from growing and gaining more market share with this retort addressing the fact that the average user is in their early to mid 40’s:
 

Facebook partnering with U.S. Department of Labor

“You mean, like, someone who could give you a job?”
 
But maybe LinkedIn should be a little more concerned this week, with the announcement …

“We’re aiming to serve a very large portion of China’s 40 million Internet users who are white collar or entrepreneurs.   Call it ten million in two years”, said Ushi chief executive Dominic Peneloza.  Ushi, China’s version of the professional networking website LinkedIn in the United States, already boasts 300,000 users, will raise $300 million in funding by the end of June, and expects huge growth in its user base over the next few years.

Penoloza, a Philipine-Chinese who grew …

Investors will get their first opportunity to get a piece of the social networking pie when LinkedIn begins trading on the New York Stock Exchange (NYSE) this Thursday under the symbol LNKD.

LinkedIn does not have nearly the popularity of the other much talked about social networking website Facebook which now boasts 600 million members, but it does have 100 million members, is known as THE professional networking website to go to for job hunting and recruiting, and has been getting more …