LinkedIn, a business and professional networking site, is in discussion with banks about a potential initial public offering in 2011, according to Reuters, which pointed to Morgan Stanley, JPMorgan and Bank of America as the banks that will potentially handle the offer. LinkedIn has not denied the rumor. “An IPO is one of many tactics that we could choose to pursue,” Shannon Stubo of LinkedIn’s media team told the E-Commerce Times. “We are focused on building our business and doing what is in the best long-term interest of LinkedIn members and shareholders.”
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IPO Waters May Be Just Fine for LinkedIn
Posted by: Rob Spiegel January 6, 2011 12:02 PMLinkedIn, a business and professional networking site, is in discussion with banks about a potential initial public offering in 2011, according to Reuters, which pointed to Morgan Stanley, JPMorgan and Bank of America as the banks that will potentially handle the offer. LinkedIn has not denied the rumor. “An IPO is one of many tactics that we could choose to pursue,” Shannon Stubo of LinkedIn’s media team told the E-Commerce Times. “We are focused on building our business and doing what is in the best long-term interest of LinkedIn members and shareholders.”