2011-05-20
LinkedIn went public today. Facebook's business-centered competitor went from $45 a share to over $115 before settling in the 90's. I think LinkedIn is a solid company, given that its user base tends to be more wealthy and more into networking. However I'm not entirely sure its worth this price right now, as a friend has pointed out that this values each user at $90 a share, but since most users don't use it too much its probably more like 200-300$ each.
Subscribe to:
Posts (Atom)