May 18 (Bloomberg) -- David Joy, chief market strategist for Ameriprise Financial Inc., talks about LinkedIn Corp.'s public offering and the outlook for the social-networking industry. Joy, speaking with Deirdre Bolton on Bloomberg Television's "InsideTrack," also discusses investment strategy. (Source: Bloomberg) Read full article >> NEW YORK (Reuters) - An initial public offering by social networking firm LinkedIn Corp to raise about $341 million seems poised to be a stunning success, but it carries a number of risks that may shake up investors in the future. Demand for LinkedIn shares is so strong that the company raises the price range for its IPO by about 30%. LinkedIn's IPO is drawing attention because it is a fast-growing company with a well-known Internet brand and more than 100 million registered members. May 17 (Bloomberg) -- Jonathan Merriman, co-founder of Merriman Holdings Inc., and Walter Price of RCM Capital Management, talk about the outlook for LinkedIn Corp.'s initial public offering. They speak with Jon Erlichman and Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg) Read full article >> THE LinkedIn IPO this Friday (AEST) is the first test of whether investors will sustain the soaring valuations of social-media companies. NEW YORK (Reuters) - LinkedIn said it expects to raise 30 percent more than it had forecast in its initial public offering, in a sign of the strength of investor appetite for social networking companies. The social networking company will sell shares for $42 to $45 each, up from the original range of $32 to $35. In another sign that anticipation among investors for a crop of new social networking companies is heating up, LinkedIn Corp. on Tuesday raised the expected price range of its initial public offering 30%. #### LinkedIn raises IPO price amid high investor demand The New York Times ##### Published May 17, 2011 04:36PM MDT A few months ago, Linked-In's market debut looked to be relatively modest. Its value on a secondary exchange had stagnated at roughly $2.5 billion. But LinkedIn said in a regulatory filing Tuesday that it could raise as much as $405 million. The offering, which is priced at $42 to $45 a share, values the site at $4.3 billion. It won't be surprising if the IPO sells for more than that Thursday morning when they are expected to begin trading on the New York Stock Exchange (NYSE) under the symbol ... ##### Copyright 2011 The Salt Lake Tribune. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. After its IPO this Thursday, LinkedIn will prove the adage that non-paying users of its social network aren't the customers, they're the product. share: digg facebook twitter Online professional networking service LinkedIn Corp. raised the price for its upcoming IPO by 30 percent to $42 to $45 per share. The increase reflects the high demand to invest in the first of what's likely to be several IPOs from Internet companies specializing in bringing together people with common interests. Investors are clamoring to connect with the online networking service LinkedIn Corp. in the latest sign of the fervor for Internet companies that specialize in bringing together people with common interests. May 17 - LinkedIn is set to price its IPO after the market close in the $42-$45 range. Reuters Investment Banking Specialist Richard Lee says its valuation depends on future revenue and margins. Given the news that LinkedIn raised the pricing of its IPO by $10 per share this morning -- the biggest bump since the dot-com bubble -- it seems like a good time to ask the question: Is Silicon Valley partying like its 1999? Business networking site LinkedIn added a cool $1 billion to its value Tuesday as it raised the pre-deal price range for its scheduled initial public offering by $10 a share to between $42 and $45. The revised target price values the company at around $4.3 billion and stoked warnings among financial analysts of a tech stock bubble.... Private investors in LinkedIn, the social network for business professionals, stand to make a hefty profit following the company's IPO this week. The underwriters for LinkedIn increased the initial price by 30 percent, which would value the company at more than $4 billion. Clare Baldwin and Alina Selyukh at Reuters, reported:
Key Words: linkedin ipo
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Wednesday, May 18, 2011
Joy Says LinkedIn IPO `Seems Pricey Relative to Revenue' Video likely a success but risks real raises share price range aims higher for its Merriman Is `Nervous' About Pricing test 'bubble' theory ups stokes social media frenzy on amid high investor demand $4 billion Join my network Summary Box Excitement builds LinkedIn's ante The day ahead May 18 2011 This Tech Bubble Same as It Ever Was Raises Price Secondary Market Investors Will Score Big Win From
