Bain Capital Ventures To Exit LinkedIn

Bain Capital Venturesis selling its entire holding in business networking siteLinkedInfor about $284 million,AltAssetsreports. The early-stage growth division of international buy-out majorBain Capitalhas informed the U.S.Securities and Exchange Commissionabout the sale in a filing.

Bain Capital Ventures, which put money into LinkedIn in 2008, held 3.71 million shares of the company. The business-related social networking site raised $300 million through an initial public offering on the新YorkStockExchangein May this year.

Click here for the story fromAltAssets。