From DailyTech: LinkedIn Corp. (LNKD) has a market cap of $25.17B USD on an annual revenue of $2.21B USD and a 2014 annual loss of $15M USD. Google Inc. (GOOG) earned a cool $14.4B USD in 2014 on a revenue of $66.0B USD. And it has a market cap of $366.9B USD. Pop quiz -- if these companies were competing to place their headquarters in your town which company would you pick as a city hall official?
Well if you're officials in Google's home town of Mountain View, the answer is apparently the seemingly more unlikely candidate. Google is in the market for a new headquarters. So too is LinkedIn. And both were vying for a 2.2 million square foot (50.5 acre) patch in Mountain View's North Bayshore district [MAP].
Together, LinkedIn and Google had requested 5.24 million square feet (~124 acres) of space, mostly in northern Mountain View. It was apparent there would be winners and losers as the city only planned to develop half as much total acreage as was requested by the pair.
Both companies tried to offer up incentives to sell the city on their respective visions. LinkedIn promised to foot development costs of a basketball court, movie theater, and a gym with a pool. It didn't put a price tag on that effort. Google, meanwhile, offered up a more concrete number -- a $200M USD package that would have paid for a lengthy bike path along the highway and a public safety building.
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