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Is LinkedIn Gearing Up For IPO?

Continuing to flesh out its board of directors, LinkedIn just announced the appointment of a seventh member, investor Stan Meresman. In a statement, LinkedIn says it opted to expand its board for the third time this year as its membership and operations continue to scale globally, and better position itself for "long-term growth. "And readying a public offering in the next 12 months, I'd wager," writes TechCrunch's Robin Waters.

"Last May, LinkedIn added Netflix CMO Leslie Kilgore to its board, and a month later expanded it again with the appointment of former Ask.com CEO George 'Skip' Battle." Meresman, a onetime SVP and CFO of Silicon Graphics, already serves as a board member at Riverbed Technology, Meru Networks and HyTrust. "Suffice to say," adds Waters, "this is a man with heaps of experience serving on boards of and advising public tech companies under his belt."

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