We’ve had a chance to comb through LinkedIn’s IPO paperwork and dig into the numbers. We’ve pulled some of the most relevant information from its S-1 and posted it here for your convenience.
Here is our overview of LinkedIn and its IPO:
IPO Details
LinkedIn revealed that its “proposed maximum aggregate offering price” — the amount it is hoping to raise — is $175 million. Due to its status as a high-profile Internet IPO, our bet is that LinkedIn will be able to raise more than that when it eventually has its initial public offering.
Morgan Stanley & Co. will be the lead underwriter for the IPO. It will be joined by Merrill Lynch, Allen & Company and UBS Securities.
LinkedIn decided not to disclose the target price for its IPO or the date, though it will almost certainly occur before the end of 2011. According to SharesPost, a secondary market for trading shares in private companies, LinkedIn is worth $2.51 billion. That number will likely rise as the IPO approaches.
Key Financial Numbers
For the first time, we have a clear insight into LinkedIn’s financial health, and overall it is strong. The social network was able to double is 2009 revenues to $161.4 million in the first nine months of 2010, led by increased revenue from advertising and job listings.
We also learned that 2010 is the first year LinkedIn was profitable. While an income of $10.1 million isn’t that strong for a multi-billion dollar company, LinkedIn is definitely...
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