Wednesday 18 May 2011

LinkedIn IPO: Is It a Good Buy?

Business social networking site LinkedIn is set to go public on Thursday, marking one of the highest profile Internet IPOs since Google’s in 2004 and spurring talk of whether we’ve entered another tech bubble as valuations for startups continue to climb.

Earlier this week, LinkedIn raised the price of its offering by 30%, in turn valuing the company at north of $4 billion. As WSJ noted, the increase was the biggest pre-IPO bump since 2000, when the last tech bubble popped. (As a side note, 63.67% of our readers thought Microsoft paid too much when it bought Skype for $8.5 billion last week).

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Source:http://mashable.com

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