LinkedIn Chief Executive Jeff Weiner is not concerned about the current high valuation of his company, he told CNBC Thursday.
The initial public offeringopened Thursday at $83, valuing LinkedIn at $8 billion. The stock price was nearly double the original price of $45 a share.
"We leave the valuation to the good folks at CNBC, the marketplace, etc.," he told CNBC. "We're going to continue to focus on the plan. The better we execute, the more likely the fundamentals will take care of themselves."