LinkedIn IPO

comparing LinkedIn IPO in 2011 with Google IPO 2004

Google raised $1.6bn for market cap of $23bn with 17% rise at end of trading day one. Google profits were $105m on revenues of $961m in previous accounting year. 7% of shares were offered.

LinkedIn raised $350m for market cap of $4.3bn with 108% rise at end of trading day one. LinkedIn profits were $3.4m on revenues of $243m in previous accounting year. 8% of shares were offered. LinkedIn does not expect to be profitable in 2011.

The market of 2011 is a lot more generous than 2004. Or is it desperate to find a home for its cash?