LinkedIn IPO: Three Weeks Later

Three weeks ago I wrote my predictions on how I thought LinkedIn’s IPO would pan out. I will admit, while the prediction itself was not exactly a bold prediction, we can see the stock starting to perform as expected. While I say it is performing as expected, I will say that it is higher than I expected. I personally did not expect the stock to peak at around $120 per share. I also certainly did not expect the stock to be at $72 per share at... Read More

Social Media is over-valued

I have been writing for a while now about my views on social media companies and their apparent valuations. I just cannot see how these valuations can be so high, especially considering the known business models they each use. LinkedIn was first, next comes the Groupon IPO. The good folks at gplus.com gathered data and put in into a nice infographic to see the various valuations of some social media companies. I will add that there should be at least... Read More

LinkedIn IPO: Predictions

I wrote earlier about LinkedIn and raised questions about a social media bubble. Here we are a few months later and LinkedIn is expected to start trading Thursday morning on the New York Stock Exchange under the symbol “LNKD”. Reports are showing that the asking price has gone as high as $45 per share. At that price LinkedIn would have a market value of over $4 billion, which is more than 17 times the value of its revenue in 2010. So... Read More