May 19, 2011

LinkedIn Shares which were initially offered at $45, but skyrocketed to as high as $92.99 in early trading. What happened as a result of this is really a astounding:
  • LinkedIn founder Reid Hoffman’s stake was estimated to be worth as much as $855 million at the $45 share price. However, he will now be a billionaire on paper if shares stay at their current levels.
  • The company which was valued at $ 4 Billion, went up to $ 8 Billion in matter of hours. 
Recommended read:
LinkedIn IPO Facts: Share Price, LinkedIn Valuation, Stock Performance [Latest Updated] 

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