LinkedIn Files For An IPO To Raise $175 Million

LinkedIn has filed for an IPO, a move that has also been announced in a post on their official blog. Morgan Stanley, Merrill Lynch and J.P. Morgan and UBS Securities will be managing the books for LinkedIn. The company expects to raise $175 million from the initial offer.

LinkedIn has filed for an IPO, a move that has also been announced in a post on their official blog. Morgan Stanley, Merrill Lynch and J.P. Morgan and UBS Securities will be managing the books for LinkedIn. The company expects to raise $175 million from the initial offer.

LinkedIn currently has 90 million users, with 40 million of these users in USA and the remaining 50 million spread across 200 countries. The company has around 1000 employees at the end of 2010.

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