That's roughly the market cap of Twitter. Let that sink in...
LinkedIn shares drop 40%, erasing $10B of company's value
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Re: LinkedIn shares drop 40%, erasing $10B of company's value
#22Linkedin is a terrible company, I've always resisted making a profile there because I think that to support a company like that in name is to give them a free pass on their despicable behavior. No matter though, I still receive their spam on a daily basis, but that's nothing a filter rule can't take care of.
Some examples? I can't remember any big scandals...
Really? They just settled a lawsuit for $13 million for spam: http://time.com/4062519/linkedn-spam-settlement/
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#23Linkedin is a terrible company, I've always resisted making a profile there because I think that to support a company like that in name is to give them a free pass on their despicable behavior. No matter though, I still receive their spam on a daily basis, but that's nothing a filter rule can't take care of.
After quitting my full-time job and going independent(ish, for now) last year, I've sometimes regretted deleting my LinkedIn profile, as it's so commonly used for networking and searching for leads for job candidates.
But I agree with you that it's a terrible, and it's why I deleted my profile. I didn't even know how creepy/skeevy their business model is then, but what I did see was that their product is just BAD in so many ways, yet they survive only because they hold an unassailably dominant market position.
If you hold a monopoly position, then please, please at least make your product great. I'm looking at you, too, Craigslist. For example.
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#24Because of Facebook Work I think. https://work.fb.com/
I don't think Facebook for work competes with LinkedIn's core business at all. It's a different product.
I wonder if the domain name for this wry old industry observer is for sale : https://en.wikipedia.org/wiki/Fucked_Company
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#25Honestly I am feeling a bit of joy watching LinkedIn take a hit. Not because I think their product is terrible but because of the endless spam emails I keep receiving from them, despite how many times I click unsubscribe.
This worked of me:
http://lifehacker.com/unsubscribe-from-all-linkedin-emails-w...
Not sure if this is still valid.
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#26Honestly I am feeling a bit of joy watching LinkedIn take a hit. Not because I think their product is terrible but because of the endless spam emails I keep receiving from them, despite how many times I click unsubscribe.
I've noticed quite a lot of LinkedIn e-mail is actually spam and phishing attempts. We are blocking about 5 mails per day per employee that aren't real.
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#27Earlier quoted context omitted.
I don't think Facebook for work competes with LinkedIn's core business at all. It's a different product.
What is the difference?
FB for Work looks like a competitor for Yammer i.e. an internal social network for companies offering internal communication with notes, status updates, etc...
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#28LinkedIn is the king of "dark patterns" UI - every part of their website is optimized to trick you into doing something you have no intention of doing.
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#29Just another reminder to never ever build your company for Wall street. In 2004, Netflix went from 40 to 2 in 6 months. Amazon from 89 to 5. There are entirely zero competitors to Linkedin right now (FB is nowwhere in the space). And while i agree the product has stagnated a bit - this in my view is another example of Wall Street's insanity. (and no, i don't own any shares :)
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#30Honestly I am feeling a bit of joy watching LinkedIn take a hit. Not because I think their product is terrible but because of the endless spam emails I keep receiving from them, despite how many times I click unsubscribe.
So much this. I revel in every bad result for LinkedIn, because they've built a wasteland of growth hacking dark patterns and practically demand I participate in it.