LinkedIn Announces IPO, Others To Follow
“LinkedIn Corporation announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock,” Linkedin’s blog reported.
Linkedin has 90 million users and is a social networking site for professionals to share their resumes and other work related information.
“LinkedIn makes money from advertising, premium subscriptions and software service professional recruiters use to hire new employees.
LinkedIn’s hiring solutions, which CEO Jeff Weiner said in November have really taken off for the company, appear to be its meal ticket, comprising 41 percent of revenue in the first nine months of 2010,” eWeek reported.
Other hot social properties that have indicated they will go public in the near future include Groupon, Facebook and Twitter. Groupon recently turned down a buyout by Google for $6 billion and may raise $15 billion with an IPO, while people see Facebook going public by April 2012 when it has to report its finances under SEC regulations – that IPO could see a value of over $50 billion.
More about:
The Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to success. It is the indispensable guide for B2B marketers to deliver world-class experiences and keep pace with the dynamic environment. Download Now
The ClicData survey found that various challenges exist that prevent organizations from achieving such gains. These challenges included inaccessible data formats and limited flexibility in displaying data in dashboards. Download Now
The need for fraud prevention in the digital world is critical now more than ever. Why? Thinking about your own behavior, consider how you complete transactions and how this has changed over the last 5 years. Download Now
The need for fraud prevention in the digital world is critical now more than ever. Why? Thinking about your own behavior, consider how you complete transactions and how this has changed over the last 5 years. Download Now