skibum - 5:50 am on May 23, 2011 (gmt 0)
Break out the sock puppets!
LinkedIn is a real company with real revenues and real earnings but it is ridiculously overvalued at 8B or 10B or whatever it is now. At about an 8% float there just weren't that many people who were able to get shares. The next social IPOs should do a float of 5% or less and they'd really shoot to the moon. The insiders can sell fewer shares that way and still make a mint without giving up much of anything.