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LinkedIn eyes public listing plan for 2011

September 4, 2021

first_img LINKEDIN, the social networking site for professionals, plans to go public in 2011 and has selected its financial underwriters, according to sources familiar with the situation.Morgan Stanley, Bank of America and JPMorgan are among the book runners. Bankers made their pitches to the privately-held company in November.“An IPO is just one of many tactics that we could consider,” a spokesman for LinkedIn said yesterday. He declined further comment.Internet companies such as LinkedIn and Zynga, a popular maker of online social games, are considering offerings well ahead of a potential IPO of Facebook.“Some of these companies want to go public because they want to beat Facebook and others [to get to an IPO first],” said one of the sources. “If Facebook went public before LinkedIn, do you think anyone would pay that much attention to LinkedIn?”Facebook is not expected to file for a public offering until late 2012, Facebook board member Peter Thiel said in September.But that could change. Regulators are scrutinising a $500m (£323.6m) investment and a commitment to raise at least $1bn more in Facebook this week by Goldman Sachs and Digital Sky Technologies, one of the sources said. LinkedIn is hoping to attract investors on its reputation as one of the web’s fastest growing social network sites. Show Comments ▼ whatsapp Thursday 6 January 2011 8:50 pm KCS-content Sharecenter_img Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndo LinkedIn eyes public listing plan for 2011 whatsapplast_img

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