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Technology Stocks : LinkedIn Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (37)5/15/2011 7:40:14 PM
From: Glenn Petersen  Respond to of 272
 
I'm not going to defend the valuation. As the article notes, the LinkedIn's valuation is excessive when benchmarked against conventional metrics. As recently as mid-January, the company was being valued at $2 billion in the secondary markets:

Message 27091527

However, I would not be surprised if the price gets one more upward bump before Thursday, though I don't expect a huge pop when it starts trading.

It will be interesting to see how Groupon - a direct marketing company masquerading as a technology company - values itself.