LinkedIn’s sale to Microsoft could be a sign of what’s to come for other social media companies

When LinkedIn went public in 2011, it was years ahead of other social media companies’ public offerings and “heralded as the first in a new wave of social media companies landing on Wall Street,” Seth Fiegerman writes. Now, with its sale to Microsoft for $26.2 billion, LinkedIn could once again be a sign of what’s to come for other social media companies that went public. Fiegerman explains: “LinkedIn, like Twitter and Yelp, has seen its stock obliterated throughout much of the year as social media firms (other than Facebook) are experiencing slower growth, and investors are experiencing less patience for anything short of perfection, given the turbulent global market.”

+ What could Microsoft do with LinkedIn? Paul Ford lays out nine ideas, including integrate LinkedIn into Windows as a service and turn LinkedIn into the default Windows publishing platform (Track Changes)