Comments on: RenRen Who?: LinkedIn LNKD Shares Skyrocket 140% On IPO

By: Signature9

Signature9 — Fri, 20 May 2011 11:13:00 +0000

Â They are different, but a lot of analysts used RenRen’s performance as an indication of the social networking market in general. To me, that wasn’t smart because the growth of the Chinese consumer internet has significant differences to the international consumer internet.Â

I do agree that a lot of RenRen’s future value will probably come from partnerships.

-YM

By: Signature9

Signature9 — Fri, 20 May 2011 11:10:00 +0000

In reply to Anonymous.

Good to see you againÂ @ralphpetrillo:disqusÂ

I’ll continue to agree to disagree that RenRen is somehow undervalued now, but if they accelerate growth the partnership potential could be big.

You miss the point that even if RenRen does add on LinkedIn style features, it’s unlikely that they’ll dominate outside of one (very large, potentially lucrative) market. You only have to look at RenRen’s current revenue, which is still short of LinkedIn’s 2008 revenue, to understand why we keep hammering that point.

And even at LinkedIn’s multiple, RenRen’s market cap is $3 billion if we’re being generous. If LinkedIn’s current market cap is crazy, RenRen’s is insane.

Personally, I wouldn’t buy RenRen until it’s closer to $11, but if you’re in for the long term, $14 might give a smaller, but decent return in 3-4 years.Â

-YM

By: Anonymous

Anonymous — Thu, 19 May 2011 21:31:00 +0000

This is apple and orange, RenRen is a social media site and LinkedIn is a professional site that people use to find jobs for the most part. The people who should worry about LinkedIn are the Hot Jobs and Monster of this world. RenRen will be successful in fullness of time, especially if they link up with MicroSoft or Facebook in China, since Facebook is not allowed into China or Micro Soft may see it as a vehicle to gain that 477 million market and growing.Â The internet cafe are pack in China,Â most of the young people have a laptop. That is a market that will double the population of the United States in 3 to 4 years.

By: Anonymous

Anonymous — Thu, 19 May 2011 19:10:00 +0000

Â REN REN is just getting started. They have a tremendous future in China. It is really unreasonable that Wall Street accepted LNKD that has not made any money and will face competition from Google in the future. Soon their will be derivatives, and it will pull back 40%. Ren Ren is adding one to two million users a month. They can simply add on what LNKD is doing to their site. Everyone long term should want to buy RenRen now that it has corrected. Get out of LNKD as fast as possible and buy RENN!