LinkedIn ready to go public
Linked In social network said it could make its debut at the New York Stock Exchange at a starting value of 32 to 35 dollars per share, while 7.87 million account to the market. Professional network to 100 million members on a transaction table from 251 to 274 million dollars (175 to 192 million euros) for its introduction. The company intends to raise between 154.5 and 169 million by selling 4.83 million shares.
105 million users
161 million dollars in turnover
Founded in 2003 by Reid Hoffman, LinkedIn brings together 90 million users, according to documents filed with the Securities and Exchange Commission (SEC), and produced a turnover of 161.4 million over the nine months's completing end of last September, double the same period a year earlier. It has emerged over this period with net income of $ 1.85 million, against a loss of 3.38 million a year earlier. Before 2010, there had never been profitable, except in 2007 when it reached equilibrium.
LinkedIn adds to the already substantial list of websites that are considering embarking on the stock market, as the company off the site and Groupon paris Zynga. The giant of this sector, Facebook, keeps blur to a next entry.