Drag and drop LinkLabel control from toolbox on the window Form.

Code:

Private Sub LinkLabel1_LinkClicked(ByVal sender As System.Object, ByVal e As System.Windows.Forms.LinkLabelLinkClickedEventArgs) Handles LinkLabel1.LinkClicked
         'after visiting site LinkLabel color changed which will indicate that you have visited this site
        LinkLabel1.LinkVisited = True
 
         System.Diagnostics.Process.Start("www.mindstick.com")
         'using the start method of system.diagnostics.process class
         'process class gives access to local and remote processes
    End Sub

System.Diagnostics.Process.Start

The System.Diagnostics namespace exposes a Process class that you can use to launch external programs.You can launch a new process with the shared Process.Start method, passing it either the name of an executable file or a filename with an extension associated with an executable application.

Run the project

When you click on the link Go to mindstick then LinkClicked event will fire and redirected to the www.mindstick.com.

LinkLabel Properties:

LinkBehaviour:      Behaviour of link can be changed through LinkBehaviour properties LinkLabel.

Private Sub Form7_Load(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles MyBase.Load
         'Disable Underline
         LinkLabel1.LinkBehavior = LinkBehavior.NeverUnderline
End Sub

Now when application run then Underline will not show in LinkLabel.

BackColor:

Private Sub Form7_Load(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles MyBase.Load
         'change LinkLabel backcolor
         LinkLabel1.BackColor = Color.Salmon
End Sub

BackColor will be changed at run time.