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LinkedIn to go Public, IPO soon

on January 28, 2011 | LinkedIn | Comments (0)

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.


David Cowling :

Editor and Founder of SocialMediaNews.com.au. I also run a Social Media Agency where I do consulting work and another blog dedicated to Instagram news. Connect with me: Twitter | LinkedIn | Google + or contact me here. Alternatively, you can send me an email at david@socialmedianews.com.au











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