Peter Thiel is investors in both companies, LinkedIn founder and Chairman Reid Hoffman invested in Facebook.
One is for social networks, the other is a professional network. One bills itself as a social utility, the other is about to become one, according to its founder: “over next 9 months LinkedIn would deliver APIs for developers, ostensibly to make it more of platform like Facebook, and create a way for users who spend more time socially in Facebook to get LlinkedIn notifications.”
I see more and more people using Facebook for professional and social settings, it’s almost inevitable that LinkedIn becomes a tool for social networking as well as professional intermediation.
Can it be that the companies will look almost identical in a few months? Will they merge? And if one gets acquired and used to enter the other’s market, what does it do to the value of the other?