WATCH: Jim Cramer On LinkedIn IPO Valuation: “This Is A Travesty and It Shouldn’t Be Happening” [VIDEO]

Jim Cramer believes that LinkedIn’s valuation is way too high. He said that Linked’s valuation is a mockery towards Netflix. Cramer compared LinkedIn’s valuation to TheGlobe.com and he said that he was in the same position as LinkedIn in terms of doing “sliver deals” through TheStreet.com. Cramer believes that the government should step in and stop the “sliver deals.”