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LinkedIn Valued at $4.25 Billion

Big Bucks

Going public at $45 per share.

cheats/2011/05/18/linkedin-valued-at-93-billion/rivlin-linkedin_181212_uram6g
Paul Sakuma

LinkedIn, the social-networking site for professionals, will enter the stock market at the high end of expectations, offering its shares at $45 each. That puts the Internet company at a value of $4.25 billion—impressive for a company that made only $15.4 million last year. LinkedIn is only the fifth Internet company to have an IPO this year, and analysts say this is the biggest for a Web-based company since Google.

Read it at The Wall Street Journal

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