Wednesday, May 11, 2011

Press Release::LinkedIn Sets Its IPO Valuation Above $3 Billion

LinkedIn CEO Jeff Weiner

LinkedIn has set its price for its IPO, MarketWatch reports.
The company will be raising $271 million at a $3-3.3 billion valuation. It is pricing at $32-35 per share with 94.5 million shares outstanding.
LinkedIn reported revenues of $161 million in the 9 months to September 2010 and expects to be unprofitable in the next few years, according to its IPO filing.

Queen of Green is a global green cooperative brand,a network of green stakeholders from 29 diverse sectors who share a common goal of transforming their world. We unite 29 stakeholder groups to cooperate and collaborate to implement 14 Socialdevelopment Programs that will improve the quality of life for 200 million of the world's poor. Ambassador Hope developed the new Foreign Empowerment Policy for President Obama, Organizing for America and the G20 leaders. Ambassador Hope has developed a Social Investment Portfolio of 14 programs to empower the poor in 70+ countries. She passionately believes in empowering the talent and skills of the poorest of the poor to become green and sustainable. By integrating the development process to ensure energy, food, and health security is combined with education and micro-enterprises for economic security it is possible to mobilize millions of citizens to be the change they want to see in the world.

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