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Tuesday, May 17, 2011

Linked In IPO Expected to Raise Over $400 Million

LinkedIn Company is a young social media company that has soared to a global traffic rank of 17 in just a couple of years. This company's initial public offering date of May 19, 2011 is expected to raise approximately $405 million for the company to help it finance its revenue growth and market positioning as a leader of social media marketing and networking. Whether or not this website will go the way of Monster.com or MySpace.com is yet to be seen and depends largely on its ongoing utility and value to professionals around the world.

Complete article link: http://www.helium.com/items/2158149-linked-in-ipo

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