LinkedIn is looking for new capital on the market and aiming high: in fact, the goal of raising funds is 1 billion. The highly successful IPO of two years ago was followed 6 months later by a disappointing secondary offer, in which the professional social network raised only $88 million out of the 100 expected.
Now LinkedIn is trying again, on the strength of a constantly growing value, which has practically doubled since the beginning of 2013. The objective of the offer of new shares is to double its liquidity (currently the social network can count on 873 million dollars in checkout) to start shopping for high-level applications and services, such as Pulse and Slide Share, the latest purchases in order of time.
Some data, testifying to LinkedIn's continuous expansion: the company's capitalization is around 30 billion dollars, against 4,3 at the time of the IPO, while the latest quarterly accounts showed revenues growing by 59% and a pool of subscribers that increased by 37%, up to 238 million.
