Comment on LinkedIn files for IPOComments−ericmsimons15ySounds like many of the major social web companies (LinkedIn, Facebook, etc) are going to be filing for IPOs within the next year or two...kind of peculiar, no?−r00fus15yInvestors have a herd mentality.−tptacek15yYes. They herd around companies that do 120MM in revenue in a year.−ericmsimons15yAnyone on HN have a cattle prod? ;)
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Sounds like many of the major social web companies (LinkedIn, Facebook, etc) are going to be filing for IPOs within the next year or two...kind of peculiar, no?
Investors have a herd mentality.
Yes. They herd around companies that do 120MM in revenue in a year.
Anyone on HN have a cattle prod? ;)