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Of the 7,840,000 shares being offered, 3,012,196 are from existing holders, and the balance (4,827,804) are issued. Therefore, post-IPO, LinkedIn will have 94,4
by orijing 15y ago
Of the 7,840,000 shares being offered, 3,012,196 are from existing holders, and the balance (4,827,804) are issued. Therefore, post-IPO, LinkedIn will have 94,498,627 + 4,827,804 = 99,326,431 shares outstanding.
At a median price of $33 per share, that gives LinkedIn an implied valuation of $3,277,772,223, which isn't as high as I'd expected, given Facebook, Zynga, Groupon and Twitter's recent valuations
- c2 15y agoThanks for doing the math. Unless you are currently a shareholder or options holder, market cap is a much more meaningful number then price per share. I'm surprised tech crunch didn't mention it at all. Three billion might seem low compared to Facebook, but it is actually higher then I expected. I will be a patient outside observer for this IPO to see how Wall Street treats and values social network stocks.