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Prior to the IPO, everyone was saying $45 was absurdly high. Now it's absurdly low.
by joelmichael 15y ago
Prior to the IPO, everyone was saying $45 was absurdly high. Now it's absurdly low.
- tpatke 15y agoThis is a good point. Of course - for a banker it is not an opinion it is a full time job and at 7% they are very well compensated for it.
- joelmichael 15y agoGoldman evidently thought it was overvalued, too. They sold all of their stock at the IPO price. So if their goal was to "scam" LinkedIn, they didn't do a very good job of it. http://finance.fortune.cnn.com/2011/05/19/goldman-leaves-linkedin-party-early/ http://finance.fortune.cnn.com/2011/05/19/goldman-leaves-lin...