Saturday, January 29, 2011

Facebook investor: I wouldn't take LinkedIn public now

LinkedIn is going public too soon, according to an early investor in rival social network Facebook. Jim Breyer, a venture capitalist with Accel Partners and a Facebook board member, told Bloomberg TV that LinkedIn will be a "long-term very successful company," but that yesterday's $175 million IPO filing came too soon. "I like to wait [...]

Source: http://finance.fortune.cnn.com/2011/01/28/facebook-investor-i-wouldnt-take-linkedin-public-now/

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