I received an email from LinkedIn that they are launching LinkedIn Ads. This looks like a similar module that Facebook uses to monetize their site as well. It will interesting to see how this does for LinkedIn.
Like Facebook, LinkedIn gives you many demographic options to choose from when you setup your ad so you can strategically hit your target audience.
In the announcement email, they send you a coupon code for $50 in free advertising (unfortunately when I set mine up, the site did not recognize the coupon code). Below is the image I received in my email:

4.1.11 Update: Click Here To See LinkedIn’s Response To My Email











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