Look for a LinkedIn IPO, but not in the near future. Company co-founder and executive chairman Reid Hoffman has revealed his (and his investors') exit strategy, even if it could take a while to get there. Any social media company IPO would take a while to get off the ground in this market, since companies are being incredibly cautious. So, "not anytime soon" could coincide with a change in market conditions ... but Hoffman stopped well short of that.

At an event in London to celebrate LinkedIn's hitting the 3 million user mark in Britain, Hoffman said about the company's IPO prospects, "Probably at some point a balance will occur when that's the right thing. That will not occur in the near term." Worldwide, LinkedIn has 53 million members.

News Corp. (NYSE: NWS) reportedly is in talks to buy social networking site LinkedIn.

"A well-placed source has confirmed with us that these talks are serious," writes VentureBeat's Eric Eldon. "News Corp.'s strategy, from what we understand: Somehow integrate LinkedIn's network with the Wall Street Journal as well as its other newspapers around the world, hopefully figuring out how to recoup News Corp.'s newspapers' declining classified ad revenue in the process."

The strategy makes sense. Plus, Murdoch is eager to bolster the company's social networking business in the face of the rising popularity of MySpace. LinkedIn claims that 14 million professionals use it, representing every member of the Fortune 500. Its investors include Sequoia Capital, Greylock, the European Founders Fund and Bessemer Venture Partners.

As Murdoch has shown with the $5 billion acquisition of Dow Jones & Co. (NYSE: DJ), Murdoch is willing to pay up for something he wants and if shareholders benefit so much the better. Investors continue to be sour on the media sector and will be for a while considering the uncertainty surrounding advertising spending and the overall economy. Shares of News Corp., which recently said earnings were rising ahead of its forecasts, are down 3% this year.

When business customers look for a product, the first step is usually to check out the internet. Yet companies often do not know how to capitalize on this.

Well, Eloqua has a suite off on-demand offerings to help things out. And to help boost things, the company raised $23 million in a venture round. Investors include Bessemer Venture Partners, JMI Equity and Bay Partners.

"Basically, we help companies have a digital dialogue with customers," said Joe Payne, CEO of Eloqua, in a BloggingStocks interview. "We do this through white papers, microsites, tracking and so on."

Payne thinks that companies are too quick to act on potential leads. "Before handing over a possible customer to a sales person, there needs to be some qualification. If not, there can be lots of wasted time."

Eloqua sells its service on a subscription basis. What's more, its customers include biggies like Sybase (NYSE: SY), Seagate (NYSE: STX), Nokia (NYSE: NOK), MySQL, and Nuance (NASDAQ: NUAN).

And, if you want to check out other recent venture fundings, click here.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Edgar Online Guide to Decoding Financial Statements.

While mobile is a large business, it's not easy for start-ups. Just look at Amp'd Mobile. Despite raising $360 million, the company went bust.

But that's not stopping Daniel Neal. He is a veteran of the tech world and has been thinking about creating a new-fangled mobile service since the mid-1990s. His idea is to create a cell service to meet the needs of kids.

Well, he has come a long way since then. Now, he is the CEO of fast-growing kajeet. The company recently snagged $36.8 million in venture capital. The investors include heavyweights like Draper Fisher Jurvetson Growth Fund, Bessemer Venture Partners, Fidelity Ventures, Gabriel Venture Partners and InterWest Partners.

Basically, kajeet has a pay-as-you-go cell service for kids. "People fail to realize that kids are very smart," said Neal, in a BloggingStocks.com interview. "Kids often know more about the options on a cell phone then their parents."