Friday, January 28, 2011

LinkedIn offering could prod other Internet firms to go public - The Boston Globe

LinkedIn seeks to connect with more investors

LinkedIn Corp., the company behind the largest website for professional networking, plans to raise at least $175 million in an initial public offering of stock that could open the IPO floodgates for other widely used online services that connect people with common interests.

The IPO papers LinkedIn filed yesterday put the 8-year-old company on a path to make its stock market debut in the next three to four months, barring any major stumbling blocks.

LinkedIn offering could prod other Internet firms to go public - The Boston Globe

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