High hopes: VCs betting LinkedIn worth $1 billion

(AP) -- Four venture capital firms are betting Internet startup LinkedIn Corp. is worth $1 billion, highlighting the lofty hopes riding on online services that connect people with their friends, family and business associates.

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<p><a href="http://www.physorg.com/news132993236.html">High hopes: VCs betting LinkedIn worth $1 billion</a></p> <p>(AP) -- Four venture capital firms are betting Internet startup LinkedIn Corp. is worth $1 billion, highlighting the lofty hopes riding on online services that connect people with their friends, family and business associates.</p>