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LinkedIn IPO

I’m not a personal finance expert but I found this article interesting because LinkedIn is very much a small and medium business tool. It’s an interesting read. Check it out.  -Tiffany C. Wright

Will LinkedIn’s IPO Start a Frenzy?

Remember all the talk about how there’s no money in social networks? Well, it now seems strangely academic. LinkedIn has priced its IPO, which it announced in January, and the numbers are big. TechCrunch has the details:

The company expects proceeds from the sale of the shares of stock in the offering will be approximately $146.6 million (in total the company will be raising $274 million but some of this money goes to fees etc.)…LinkedIn’s IPO should debut on the NYSE fairly soon and it will be interesting to see how the Street reacts to the offering. One factor to consider is that LinkedIn is growing revenue—the company just reported that Q1 revenue in 2011 was up 110 percent to $93.9 million. Net income increased to $2.08 million, from $1.81 million in Q1 2010. The increase in sales came from the company’s hiring solutions, a paid offering which helps recruiters search for professionals and list jobs on the site.

Go to Inc.com to finish reading the article.

 

 

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About Tiffany C. Wright

Hi! I,Tiffany C. Wright, am the author of the ebook, "Help! I Need Money for My Business Now!!" and the book "Solving the Capital Equation: Financing Solutions for Small Businesses", available on Amazon. I am the president of Toca Family Business Services, a short-term & project-based interim management & strategic and financial advisory firm, located in Atlanta, Georgia. In the past five years I've helped small and medium companies restructure and obtain over $31 Million in financing and a similar amount in purchase orders and contracts. I have an MBA in Finance and Entrepreneurial Management from the Wharton School of Business at the University of Pennsylvania and a B.S. in Industrial and Systems Engineering from The Ohio State University. Personal: I enjoy investing. I am a prodigious reader of everything from business books, magazines, and newspapers to horror and popular fiction. I read 4-6 books per month. I also love to travel. I've been to 33 countries on 5 continents and lived in Japan for 2.5 years and aim for a foreign locale twice a year. I am also an athlete and run track on the Master's Circuit. The highlight was placing 7th in my age group in the 2007 World Master's Track and Field Championships in Italy.

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The Resourceful CEO, Tiffany C. Wright

the president of Toca Family Business Services, a strategic and financial advisory firm which provides short-term & project-based C-level management. She is the author of Solving the Financial Equation: Financing Solutions for Small Businesses, available on Amazon.

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