Social Network For Professionals, LinkedIn, Preparing To Go Public

Well about time. LinkedIn isn’t as sexy as Facebook, but when it comes to business connections they can’t be beat. LinkedIn has revealed that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the offering have not yet been determined. A portion of the shares will be issued and sold by LinkedIn, and a portion will be sold by certain stockholders of LinkedIn.

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We have expected this to happen for a while, so this is good to see. LinkedIn targets a different kind of user, but in the end I still think it can be an extremely important platform if they continue to expand its capability and grow their user base.

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