SharesPost LinkedIn Results: $30.79 Clearing Price

Is this an indicator of things to come? Take a look at the share price!

The day after LinkedIn’s IPO plans were revealed to the world, a positive sign has been released from pre-IPO secondary market SharesPost. In an email shared with SocialTimes, the company has announced the completion of a LinkedIn shares auction. Investors purchased 95,500 shares of LinkedIn common stock at a clearing price of $30.79 per share.

According to the email, “The response of the SharesPost community to the auction was substantial and the auction was significantly oversubscribed.”

SharesPost has more than 50,000 members, according to an email released earlier this month, and has provided an active platform for trading shares in private white-hot social media companies, including Facebook, Twitter,

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