Most haven’t heard of Spezify, I didn’t even know until I “stumbleupon” it. Like anyone curiosity got the best of me and I had to try at least one search. WOW was I ever amazed. This search engine is pretty nuts.
Spezify crawls wikis, social networks, websites, blogs, forums, pictures, videos and more and deliver it in one easy to use pane. Simply skim all the search results and click on the one most appropriate for you.
Yes, Reid Hoffman, founder of LinkedIn is sporting a mighty grin in the photo above. Why you may ask? Would you if you could net somewhere in the vicinity of $855 million in one day. But he is not alone, CEO Jeffrey Weiner could net as much as $103.5 million (on top of this $541,436 2010 salary), when the company goes public today (May 19th, 2011), according to documents filed with the SEC.
Hoffman currently owns 19,066,032 shares in the company with an estimated share price of $45, he will easily net more than half a billion dollars. Weiner, a former Yahoo executive joined LinkedIn in 2009, holds 2.5% of the shares (2,322,726 ), compared to Hoffman’s 21.2%.
Others benefiting the most from tomorrow’s IPO include “entities affiliated with Sequoia Capital,” who will net $588 million at a $35 share price and their counterparts at Greylock Partners and Bessemer Venture Partners, who will get about $490 million and $158 million, respectively.
Shares of LinkedIn Corp. are trading for the first time today at more than double their initial price. The shares are up $63 at $108.