Tech Confidential submits:
LinkedIn Corp. co-founder Reid Hoffman is once again talking about an eventual public offering for the business-oriented social network, following remarks and moves made this week by executives at Facebook Inc. and Twitter Inc. that indicate IPOs are the likely exit for their social media companies too.
"Probably at some point a balance will occur when that’s the right thing," Hoffman told Reuters at an event in London on Wednesday. "That will not occur in the near term." The remarks echo comments made by Hoffman earlier in the year.