Liz Gannes

Recent Posts by Liz Gannes

LinkedIn Will Price New Offering at $223 Per Share

LinkedIn, which wants to sell as much as $1.15 billion worth of stock to raise expansion funds, will price the new offering at $223 per share. The company, which had one of the most successful tech IPOs in recent years, has not gotten a positive response to news of the offering, which it filed for yesterday. Shares were down $7.20 to $238.93 today, and dropped further after-hours.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik