LinkedIn Unveils Shareholder Info

LinkedIn Unveils Shareholder Info
Professional social networking specialists LinkedIn have submitted an S-1 filing as part of its process to go public, and the filing was released to the public on Thursday. The report offers insight into the company in the form of sales, profit, revenue, and shareholder data, all which was previously unavailable.
The company's largest shareholder, according to the release, is its chairman and founder, Reid Hoffman, who holds 19 million shares, or about 21.4 percent. After Hoffman is Sequoia Capital with 16.8 million shares – 18.9 percent, Greylock Partners with 14 million shares – 15.8 percent, and Bessemer Venture Partners with 4.6 million shares – 5.1 percent.
Sequoia was LinkedIn's first outside investor, buying in in 2003, and Greylock bought in in 2004. Bessemer would invest in the company's next three fundraising rounds, between 2007 and 2008. Among LinkedIn's executives, CEO Jeff Weiner holds more than 4 percent of the company's stock, while the CFO and VP of Product each own about 1.1 percent. The value of these shares won't be known until the price of an initial offering is made public.
Professional social networking specialists LinkedIn have submitted an S-1 filing as part of its process to go public, and the filing was released to the public on Thursday. The report offers insight into the company in the form of sales, profit, revenue, and shareholder data, all which was previously unavailable.
The company's largest shareholder, according to the release, is its chairman and founder, Reid Hoffman, who holds 19 million shares, or about 21.4 percent. After Hoffman is Sequoia Capital with 16.8 million shares – 18.9 percent, Greylock Partners with 14 million shares – 15.8 percent, and Bessemer Venture Partners with 4.6 million shares – 5.1 percent.
Sequoia was LinkedIn's first outside investor, buying in in 2003, and Greylock bought in in 2004. Bessemer would invest in the company's next three fundraising rounds, between 2007 and 2008. Among LinkedIn's executives, CEO Jeff Weiner holds more than 4 percent of the company's stock, while the CFO and VP of Product each own about 1.1 percent. The value of these shares won't be known until the price of an initial offering is made public.
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