Alan Draper
Depending on the intellectual acrobatics to which you’ll commit, Facebook owes at least part of its existence to LinkedIn. As an early social network, of course, the latter helped pave the way for the former. Also, LinkedIn founder Reid Hoffman invested in Facebook.
And now, Facebook has an opportunity to steal serious market share from its once benefactor.
BranchOut, a start-up business social network, is attracting a lot of attention. It operates through a Facebook app, which means that it is bringing to the behemoth what it has long been missing: the professional sides of its users’ lives. Speculation is rampant as to whether Facebook will buy the company, which just raised $25 mn in venture capital money.
Or, maybe LinkedIn will make the buy. This could be an interesting defensive acquisition for the company.
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Source: Business Insider
This article was written for Business 2 Community by Alan Draper.
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