So when Microsoft paid $26 Billion to buy LinkedIn, it seemed like they were getting a pretty good deal.

Fast forward to today, it looks like a great one.  LinkedIn is at $17 Billion in ARR, still growing 10%, and its whole division is wildly profitable — with 50%+ operating margins!

There may be better M&A deals in the history of B2B.  But there can’t be too many better ones.

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