The Largest Technology IPOs Of 2011
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LinkedIn

linkedin, professionals, social network, merrill lynch, morgan stanleyThe professional social network raised $352 million in its initial public offering in May 2011. The company was valued at $ nine billion after its first day of trading, but saw its value drop to $3.35 billion in December. It was the first of the social networking sites to go public. The IPO saw Morgan Stanley, BofA Merrill Lynch, and JPMorgan Chase playing the role of underwriters. LinkedIn was founded in 2003 by Reid Hoffman, Allen Blue, Konstantin Guericke, Eric Ly, and Jean-Luc Vailant. It has raised a total of $103 million in fundings from venture capitalists. It has acquired IndexTank, Connected, CardMunch, ChoiceVendor, mSpoke.