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LinkedIn raised $350m and its valuation doubled the first day of listing to nearly $9 Billions! Groupon IPO was even bigger in October. 2011 ended up as the biggest year for Internet IPO since 2004 and Google (infography). Booming or Bubbling?
Other major news of May: President Barak Obama announces the death of Osama Bin Laden. The war on terror cost more than WWII, said some. $4 Trillions.