LinkedIn ups stakes for IPO

LinkedIn ups stakes for IPO

LinkedIn ups stakes for IPO

LinkedIn says it expects to raise more than it had previously forecast LinkedIn IPO 30 percent more in its initial public offering. The new per-share price range LinkedIn $42 to $45 would value the social networking company  LinkedIn at $4.11 billion – many times higher than its 2010 revenue.LinkedIn 17 times 2010 revenue.

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Another high-profile social networking company Facebook IPO is meeting with banks about a possible IPO Facebook IPO April 2012. Facebook $70 billion market value.

 

Two perennial Facebook foes Facebook winkelvoss twins want to take their lawsuit against the company and its founder to the Supreme Court.

 

Twitter recently created some new privacy rules Twitter privacy rules UK celebrities.