LinkedIn is a social networking site for professional connections. It was founded in 2002 and launched in 2003, and now has over 300 million members from around the world. The site allows users to create profiles, connect with colleagues and professionals, find jobs and business opportunities, and stay updated with other members' news feeds. While basic membership is free, LinkedIn is meant for professional networking among existing connections only. It has become a popular recruiting tool for employers and a job search resource for candidates.