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How LinkedIn Just Got Screwed Out Of $130 Million
- joejohnson 15y agoPeople said this same thing about Zipcar. But, won't the stock price stabilize in the near future to around the IPO price?
- gordonbowman 15y agoYes, it will likely stabilize in the mid-eighties over the next few weeks. However Blodget's main argument here is that the underwriters left a lot of money on the table. Assuming a more proper price for the stock of around $60 (instead of the $45) means that LinkedIn left about $130 million on the table.