Leading business social networking site LinkedIn (NYSE:LNKD) has turned plenty of doubters into believers over the course of its short but impressive life. The company has rewritten the rules of networking. And perhaps even more enviable, it's developed a powerful business model around its core uses that have set it up to bring in the big bucks for years to come. Investors have taken notice. And although some lament its valuation, the company has shown that it can continue to discover and create new markets that only strengthen its place as the professionals' digital address book.
The company recently made waves for another bold step that some parties hate but its investors should love. In this video, tech and telecom analyst Andrew Tonner breaks down LinkedIn's most recent major development and what it means for investors.
Fool contributor Andrew Tonner has no position in any stocks mentioned. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends and owns shares of LinkedIn. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.