Tech Bubble Watch

LinkedIn and the Birth of the Trending IPO

linkedin wallstreet LinkedIn and the Birth of the Trending IPOAs the first social network to hit the public markets, aside from the Facebook of China that is, LinkedIn has created a unique sort of buzz.

It’s a trending topic on Twitter right now, which means a firehose of attention, both professional and amateur, is being directed at #LNKD.

Shares opened at $83, almost double the offering price of $45, and right out of the gate dozens of articles declared the oft cited tech bubble was official.

On it’s official blog, LinkedIn tells the story of New York entrepreneur Cecilia Pagkalinawan, who lost her in retail, but reconnected with RRE’s Jim Robinson through the service and was able to score funding for her own venture, StyleTrek.

As the debate over the nature and danger of this tech boom accelerates, social media seems to be acting as a catalyst.

 

 

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