Observation of LinkIn's IPO - Listing on NYSE & Comparison with Google
When I read the news that LinkedIn has officially IPO-ed, I was expecting it to list on the NASDAQ. By oh boy was I wrong, it actually listed on the NYSE. Typically, NASDAQ has been the host to many tech-stars such as Google. I am unsure of the technical differences between listing on NYSE and NASDAQ that will affect LinkedIn’s returns. But one thing for sure is that NYSE is often = wall street bling. Is this a sign that the growth of Internet companies are becoming mainstream…and here to stay?
2. LinkedIn is not as experimental as other Internet companies like Google - Will it hit the same sky-high share price as Google and Amazon?
Unlike Google, LinkedIn is definitely not as experimental and broad in its offerings. Looking at the Google’s current share price (~USD500), I am wondering if LinkedIn’s share price will ever hit that price. Afterall, share price is an indicator of the public’s perception of its value. But comparing to Amazon, which is less adventurous in its projects than Google, perhaps LinkedIn does have a long way to its share price. Perhaps ~$200 by year 2013? Amazon gain pretige in the public’s eye with its expertise in online retail. Some say that Facebook will spark off the next era of recruitment. One thing’s for sure…I’m looking forward to how LinkedIn’s gonna push the boundaries of (1) managing professional contacts and (2) recruitment.
Where do you think LinkedIn will be heading to next? Or..more importantly..what else do you think LinkedIn is capable of achieving in the future?