LinkedIn Announces IPO, Others To Follow

"LinkedIn Corporation announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock," Linkedin's blog reported.

Linkedin has 90 million users and is a social networking site for professionals to share their resumes and other work related information.

"LinkedIn makes money from advertising, premium subscriptions and software service professional recruiters use to hire new employees.

LinkedIn's hiring solutions, which CEO Jeff Weiner said in November have really taken off for the company, appear to be its meal ticket, comprising 41 percent of revenue in the first nine months of 2010," eWeek reported.

Other hot social properties that have indicated they will go public in the near future include Groupon, Facebook and Twitter. Groupon recently turned down a buyout by Google for $6 billion and may raise $15 billion with an IPO, while people see Facebook going public by April 2012 when it has to report its finances under SEC regulations - that IPO could see a value of over $50 billion.

About the author

Frank Watson has been involved with the Web since it started. For the past five years, he headed SEM for FXCM -- at one time one of the top 25 spenders with AdWords. He has worked with most of the major analytics companies and pioneered the ability to tie online marketing with offline conversion.

He has now started his own marketing agency, Kangamurra Media. This new venture will keep him busy when he is not editing the Search Engine Watch forums, blogging at a number of authoritative sites, and developing some interesting online community sites.

He was one of the first 100 AdWords Professionals, a Yahoo and Overture Ambassador, and a member or mod of many of the industry forums. He is also on the Click Quality Council and has worked hard to diminish click fraud.