Networking site LinkedIn going public this week
HOST: The business themed social networking site Linked-in goes public on Thursday. But it’s not getting near the attention of its social networking rivals Facebook and Twitter — both of which are expected to file for public offerings soon.
Sally Herships reports.
Sally Herships: Hear that? Yeah, quiet.
Tom Taulli advises tech companies. He says that silence could be the sound of success.
Tom Taulli: If you don’t have the razzle dazzle, you won’t have the crazy valuation.
Taulli says frenzy can create big swings in stock prices — and regret.
Taulli: Before you make a big commitment — whether it be dating someone or getting married — you may want to think about it once or twice. But when it comes to these hot IPOs, a lot of investors don’t.
And end up losing big. Taulli says when Renren, China’s version of Facebook, went public, it dropped 50 percent in a week. He says LinkedIn isn’t likely to do that. But will LinkedIn’s IPO tell us anything about what might happen with that other social network? Tim Bajarin is president of high-tech research firm Creative Strategies.
Tim Bajarin: I’m really not sure you can look at this and see any indication of how Facebook would be. It really is apples and oranges.
LinkedIn’s non-frenzy is expected to raise almost $300 million.
I’m Sally Herships for Marketplace.
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