Remembering The Good Times: Pictures From LinkedIn's 2007 Profitability Party

LinkedIn will lay off 10% of its staff, firing about 36 people. Company rep Kay Luo told Reuters the cuts will help the professional networking site remain profitable.

LinkedIn is also a Sequoia investment, so the cuts likely have much to do with that VC firm’s October “RIP Good Times” terrorfest.

It’s a blow for LinkedIn, which began trumpeting its profitability to media outlets as long ago as March 2006.

In May 2007, LinkedIn threw an “In The Black” party for employees celebrating a year of profitability. We found some pictures of the event and — not trying to be too maudlin — embedded them below. 

Ah, the era of folding chairs and finger food — such gilded exuberance we in our blue shirts and khakis hardly deserved.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

layoffs linkedin sai-us