Morgan Stanley Makes Big Bet on LinkedIn
By Shira Ovide
Morgan Stanley, which led the IPO of LinkedIn, must really, really believe in the company. The Wall Street firm and investment funds it manages hoovered up about one-quarter of the social-networking company’s publicly available stock.
In a regulatory filing, Morgan Stanley and its asset-management arm reported owning nearly 23% of class A shares in LinkedIn.
Obvious.
ReplyDeleteI just want to ride the bus, I don't need to own it. Is it a good investment? Better than Oracle, which could end up attempting to own it. But then so could the Social Media Big 4 (Amazon, Apple, Facebook, Google).
Social Media will dominate everything (by nature we after are a social people)...Including the Stock Market! Where will you be?
ReplyDeleteDO YOU WANT TO TWEET OR OWN APART OF TWEETER, FACEBOOK, ZYNGA GROUPON or LINKEDIN.SOCIAL MEDIA IS WHERE PEOPLE WILL BE PUTTING THEIR MONEY!
we are the social media! this is just the tip of the iceberg!