LinkedIn to go Public, IPO soon
LinkedIn has filed with the US Securities and Exchange Commission (SEC) to publicly sell its shares on the open market.
LinkedIn generated $120 million USD revenue in 2009 and from private trading the company has a valuation of around $3 billion USD.
The site currently has 90 million members, with a reported 1 new member joining every second.
Revenue is made from 3 main product areas: advertising like PPC/PPM, job listings and premium subscriptions.
As we hear more about this IPO we will keep you updated.
