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Honestly 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 turned off all email notifications and despise the fact that they email my contacts about my activity.
LinkedIn 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.
Sounds like the bubble is bursting. The established companies whose valuation was based on multiples of future growth are taking the hit, getting in line with more traditional multiples of current revenue.
HN Discussion here. https://news.ycombinator.com/item?id=11042482
Honestly 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 have literally several hundred request from random people to become a contact. Linkedin (years ago) lost what it had which originally attracted me to the service. That was some kind of real and exclusive way to have contacts that you either knew or you felt would be beneficial in some way. The biggest joke is the entire concept they have of using a connection to connect you to someone else who they know. Which of c…
Honestly 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.
My Mom asked me if I was recently on LinkedIn. Apparently they emailed her after I made some new connections. I turned off all email notifications and despise the fact that they email my contacts about my activity.
Not super surprising. The majority of their revenue comes from recruiters, and I expect the majority of paying recruiters are in tech. So any downswing in tech will be substantially felt. Especially for a firm whose earnings are negative, losing growth is bound to be a problem. On a related note, how much of Facebook's mobile revenue is for mobile apps? Should we expect a similar decline as the economy declines furth…
The US is currently adding jobs and adding jobs in tech, their issue is probably competition (LinkedIn is not the only game in town). Mobile revenue was 80% of Facebook's revenue in Q4 2015. Update: after looking at their revenues they might also have some currency troubles, they have far more international revenue than I would have guessed (~38%).
Lots of angry sentiment towards this company here. I understand it doesn't necessarily bring this demographic as much value since most here are probably happily employed and don't need it. There's plenty of others who count on a service like LinkedIn, which doesn't have a good comparison (e.g. Twitter to Facebook). Personally, I've found value in it from the potential clients I've received (I'm a contractor) and the…
Earlier quoted context omitted.
The bubble has been bursting in the last few years (according to commenters) but the overall stocks/valuations were going up.
What we're seeing is a slow-mo burst. The outer balloon shell has given way and has left the inner water ball still, albeit briefly, intact. Only a matter of time before we all take a bath.