UPDATED. LinkedIn on Thursday announced the financial results from its three months operating as a public company. The company showed off impressive user growth, but that has not started to translate into significantly higher profits. LinkedIn says it’s spending its revenue to reinvest for future growth. Read more »
Analysts at Wall Street’s major financial firms initiated wholesale coverage of LinkedIn on Tuesday, putting forth their opinions of the company’s future growth prospects and estimates for how the stock should perform. Wall Street’s predictions for LinkedIn, in a word? Bullish. Read more »
The summer of the tech S-1 continues: CafePress has filed documents with the Securities and Exchange Commission to raise up to $80 million in an IPO. The S-1 reveals the e-commerce company made $2.7 million in net income on $128 million in revenues in 2010. Read more »
The summer of 2011 is shaping up to be the season of the tech IPO, and according to a report published today by Bloomberg, Zynga is next in line for a stock market debut. The company is reportedly looking to file its S-1 by month’s end. Read more »
LinkedIn is preparing to launch a plug-in for employers’ websites called “Apply With LinkedIn” that will allow job candidates to apply for available positions with their LinkedIn profiles. “Apply With LinkedIn” is slated to launch later this month, according to a source briefed on the feature. Read more »
Kayak kicked off 2011 with major sales growth in the run-up to its planned IPO, according to a regulatory filing. The travel search company made $52.6 million in the first three months of 2011, representing a 43.4 percent increase over the same period in 2010 Read more »
No one knows what the future– and the NYSE–have in store for LinkedIn following its debut. But venture capitalists like Benchmark Capital’s Bill Gurley believe the $9 billion IPO will finally trigger the end of Silicon Valley’s long-running apathy toward IPO’s–aka, “The Zuckerberg Effect.” Read more »
