LinkedIn Shares Surges Over 100% To $10+ Billion Valuation
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
LinkedIn Corp (NYSE:LNKD) went public today and their shares have surged over 100% during mid-day trading. The company priced their IPO at $45 and the stock opened at $83 before settling at about $120 within 2 hours of the trading. LinkedIn raised over $100 million in funding from Sequoia Capital, Greylock Partners, and Bessemer Venture Capital Partners.