As my DailyFinance colleague Dawn Kawamoto reported, LinkedIn (LNKD) made its initial public offering (IPO) Thursday. And like that, it transitioned from a privately-held company whose ownership was limited to the wealthy, the well-connected and the insiders, into one in which regular people can invest.
Waiting for the Next Wave of Internet IPOs
That LinkedIn does more than sell ad space is important because advertisers can be incredibly fickle. One minute they want nothing more than to place jingles and banners on your website. The next, they’re taking their business elsewhere.
Loren Berlin is a columnist at DailyFinance.com. She can be reached at Loren.Berlin@teamaol.com.