16th May 2011
While we wait to discover what lies on the horizon for this booming sector, investors may be seeking a way to take a punt in the hope of a tidy profit.
Most of these social media companies aren't listed, so you can't invest in their shares, but this is changing. LinkedIn, the nine-year-old social network for business professionals, will be valued at $3.3bn (£2bn) when it floats on the New York Stock Exchange on 19 May.
In January the firm said it was looking to raise $175m in the initial public offering.
The firm is cashing in to take advantage of growing investor appetite for the next generation of internet firms.
From Business Insider, an anonymous post stating why the writer plans to buy LinkedIn's (LNKD) stock when the company goes public and why he thinks other investors should buy it, too. However the community aren't so sure:
Richard writes: "What a load of bubble-speak…