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July 1, 2011 NetHosting Buzz Blog

Big Things for LinkedIn

LinkedIn went public on May 9 with a valuation of $4.6 billion, the largest IPO for a website since Google.

LinkedIn went public on May 9 with a valuation of $4.6 billion, the largest IPO for a website since Google. According to information found in this article, the business-centered social network’s stock price began at $45 a share and has since fluctuated between $65 and $75. Experts predict that number’s only going to rise.

LinkedIn is taking the lead in the second IPO boom. Others to join or join soon are Pandora, Zynga, and LivingSocial.

Yesterday, it was also announced that Flipboard, a popular tablet app is integrating LinkedIn in its 1.5 update to further optimize the user’s ability to aggregate the news sources that matter the most to them. Through the integration, users will be able to see the news that their LinkedIn contacts are viewing, taking them directly to the day’s most popular pieces of information.

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