LinkedIn to go public in 2011

Reuters is reporting that LinkedIn, the social networking site for professionals, plans to go public in 2011. Morgan Stanley, Bank of America and JPMorgan are among the book runners.

Their sources say that Internet companies such as LinkedIn and Zynga, a popular maker of online social games, are considering offerings well ahead of a potential IPO of Facebook.

Linkedin is backed by investors include Sequoia Capital, Greylock Partners and Bessemer Venture Partners.

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USA, Mountain Views, CA

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