Linkedin IPO Scammed by Bankers?

Speculation on why the IPO price for Linkedin was set so low by the underwriters has been the fuel for blogs all weekend. Some are calling it an outright scam, which cost Linkedin $130M, while others felt the initial price was well within the proper limits.

Nonetheless, he maintained that that is no excuse for the underpricing, nor is it indication that the company will not suffer for it in the future

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