LinkedIn files for IPO

#1

Post by njohnw » Thu, Jan 27, 2011, 9:49 PM UTC

Re: LinkedIn files for IPO

#2

Post by ericmsimons » Thu, Jan 27, 2011, 11:11 PM UTC

Sounds like many of the major social web companies (LinkedIn, Facebook, etc) are going to be filing for IPOs within the next year or two...kind of peculiar, no?

Re: LinkedIn files for IPO

#3

Post by r00fus » Thu, Jan 27, 2011, 11:20 PM UTC

ericmsimons wrote: post #2

Sounds like many of the major social web companies (LinkedIn, Facebook, etc) are going to be filing for IPOs within the next year or two...kind of peculiar, no?

Investors have a herd mentality.

Re: LinkedIn files for IPO

#4

Post by ericmsimons » Thu, Jan 27, 2011, 11:25 PM UTC

r00fus wrote: post #3

ericmsimons wrote: post #2

Sounds like many of the major social web companies (LinkedIn, Facebook, etc) are going to be filing for IPOs within the next year or two...kind of peculiar, no?

Investors have a herd mentality.

Anyone on HN have a cattle prod? ;)

Re: LinkedIn files for IPO

#5

Post by tptacek » Fri, Jan 28, 2011, 2:05 AM UTC

r00fus wrote: post #3

ericmsimons wrote: post #2

Sounds like many of the major social web companies (LinkedIn, Facebook, etc) are going to be filing for IPOs within the next year or two...kind of peculiar, no?

Investors have a herd mentality.

Yes. They herd around companies that do 120MM in revenue in a year.