tagged w/ LinedIn
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LINKEDIN, a social network service for professionals, plans to file for an initial public offering in the US within months.
Reports suggest Linkedin is keen to take advantage of growing investor interest in privately held technology companies.
A LinkedIn filing in the first quarter of the year may give it an edge before investor demand is soaked up by a widely anticipated offering from Facebook within the next 12 months.
Groupon, the online coupon service that recently turned down a $US6 billion takeover bid from Google, has already raised $US500 million of a $US950m round of new funds by selling shares to private investors.
A spokeswoman for LinkedIn, which has 90 million members, said that the company would not comment on speculation about a public offering but added that a listing was "but one of the many tactics we could consider".
It is understood that the company, founded in 2003 by the former PayPal executive Reid Hoffman, has picked Bank of America Merrill Lynch, JPMorgan Chase and Morgan Stanley as underwriters.
The market for shares in social networking sites is heating up. In the past few months a shadow market has grown in the shares of privately held companies. The shares are held in pooled investment funds or are traded on private exchanges.LINKEDIN, a social network service for professionals, plans to file for an initial... more
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On July 29th, as I was following up on a story that flashed across my Twitter stream about 30 certified employees of a school district finding themselves victims of ID theft, I found something that should not have been there...On July 29th, as I was following up on a story that flashed across my Twitter stream... more
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The majority of Twitter users don’t mind sharing their tweets (i.e. their Twitter updates) with the rest of the world. After all, sharing ones thoughts/actions is at the core of social networks like Twitter, Facebook, MySpace. However, what users often don’t realize is that in aggregate, their tweets paint a picture about who they really are.The majority of Twitter users don’t mind sharing their tweets (i.e. their... more
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Computerworld reports that one in five companies search social networking sites during the hiring process, although many experts believe that number is much higher. You may think that you’re immune to ID theft or misinformation because you don’t have any MySpace, Twitter or Facebook accounts- but read on and you will find that is far from the truth.Computerworld reports that one in five companies search social networking sites during... more
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