I like LinkedIn, and its IPO will soon be on the docket. They better hurry up the filing process before the public finds out that Facebook is just around the corner, ready to empty LinkedIn out. Adding Michael Moritz of Sequoia to the board may – for now – have investment bankers buy into its projected public valuation to put the company on the market.
I feel sorry for the public that does not have the foresight I do, and will undoubtedly fall for LinkedIn’s highly temporal value, with subsequent prospects in our industry punished for it later on. The reason why private and transparency in the Venture business should not be mutually exclusive.
