Blog Post

LinkedIn Ups The Size Of Its IPO

LinkedIn, which filed to raise up to $175 million in an IPO in late January, now says it expects to raise as much as $315 million by going public. In an SEC filing today, the company says it will sell as many as 9 million shares at between $32 and $35 a share. That would value the company at as much as $3.3 billion since LinkedIn has roughly 95 million shares outstanding. The filing implies that the social network’s stock market debut will likely come very soon, and we will be watching closely for updates.