LinkedIn Is Worth How Much?

According to this Bloomberg article, shares of LinkedIn are going for over $30 per share on SharesPost, which values the company at almost $3 billion. LinkedIn is set to be the first major social networking site to go public this year, as it's hired Morgan Stanley MS and J.P. Morgan JPM to be its bankers. LinkedIn has 97.1 million shares outstanding, and given the $30 price, the company is valued at $2.91 billion. LinkedIn, which is based in Mountain View, California, is a social networking site that allows its users to search for jobs, recruit employees and find industry experts.