Professional social network LinkedIn has just submitted its S-1 filing with the SEC, indicating that it will file for a public offering. The maximum proposed total offering price is $175 million but this is just a placeholder amount. The company also announced the filing on its blog. In terms of revenue, during the nine months ended September 30, 2010, LinkedIn's net revenue doubled to $161 million from $80.6 during the same period in 2009. Net income for the first nine months of 2010 came in at $10 million. 
Source: http://feedproxy.google.com/~r/Techcrunch/~3/xAkHvA93rbQ/
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