LinkedIn ups IPO range, company worth billions

Posted on May 17, 2011


LinkedIn executives announced today that its public offering might range 30 percent higher than what was originally forecasted for 2011. They say they plan to sell shares at $42 to $45 each and the mid-range would place the value of the nine-year-old company at over $4 billion. Comparatively, Facebook has a market value of $70 billion.

Posted in: Twists and Turns