Today morning a friend of mine asked me to research a small financial services firm (with a market cap of about 200cr). The low PE and numbers looked attractive, but due to lack of any analyst/media reports or any details about the track record of the promoters/top management, I could not decide about this company. Finally I used Linkedin.com to find out the company profile, the professional qualifications of its key employees and found the website to be very useful.
I don’t know how many people use linkedin to investigate about the company they intend to invest in, but looks like in the services field I would be using it more often.
Have you also found any other investing use of social networking sites?