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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

#111

Wonder how this guy feels with 5% of his families investments being in LinkedIn http://www.fool.com/investing/general/2016/02/01/3-reasons-l...

Eh at 5% it's probably just most of the "high risk" section of his portfolio. Most people sort of treat that section like lottery tickets anyways.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#112
post #101
post #43

Earlier quoted context omitted.

Or how about the phony "people you may know". They suggested I may know my 4 year old Niece because somebody uploaded the email address created for her into their system. She definitely doesn't have a LinkedIn account, but they portray a profile-photoless "shadow profile" as-if she does.

That happens to me too. But you know who is a thousand times worse than Linkedin when it comes to these things? Facebook. At this point, I honest /just/ /don't/ /know/ how to stop getting emails from them. In my entire life I've only had a facebook account for a few hours (created one out of necessity a few years ago -- closed it after just a few hours of use at that time). And I still get emails. I've clicked unsubs…

How do they keep getting around your spam filters? Blocking the domain has worked well for me.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#114
post #52

Earlier quoted context omitted.

No sure I understand. Wall Street had certain expectations of LinkedIn's growth. That was reflected in the stock price. I was incorrect. Q4 earnings were great, it was the fact that LinkedIn released 2016 guidance that was far below market expectations. [LinkedIn released their earnings and they were way below expectations, so the stock took a massive hit.] Does that seem unfair to you?

Imagine if I bought "stock" in your job. I monitored your performance and set expectations for your work. You fail to meet those expectations, so as the majority shareholder of your job, I have you fired and replaced with someone else. Or you underperform once and I use this threat every single review. That's how Wall Street ruins good business.

The analogy would likely be better if, rather than firing him, you docked his pay.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#115

LinkedIn is full of people trying to get people to pay attention to them... but the people they are trying to impress aren't really on LinkedIn (they have a profile but that's it... they don't use it as an actual social platform). In that sense LinkedIn is mostly a wasteland.

To me it looks like a wasteland of recruiters. I used to think it was neat when some recruiter would contact me about a job, but now I realize they are just spamming everyone with (your framework here) listed in their skills. The over-saturation of recruiters, connections with everyone you even slightly know, and people endorsing you for skills they don't know you have has made it all meaningless.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#116
post #55

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…

LinkedIn lucked out and rode the network effect to its current size. Note that the only thing you like about it is its network effect, which is more a question of timing than open competition at this point.

If other websites like Facebook, Yelp, Google, etc. dumped so much crap on the user while offering so little the internet would be almost unusable. LinkedIn should rot, I'd love to see it, because then everyone would migrate to a better alternative.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#117
post #43
post #14

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.

Or how about the phony "people you may know". They suggested I may know my 4 year old Niece because somebody uploaded the email address created for her into their system. She definitely doesn't have a LinkedIn account, but they portray a profile-photoless "shadow profile" as-if she does.

I fell for this a couple of times. They grabbed my friends email and created a fake profile for her.

When I clicked connect, I thought I would invite her to my network, but it ended up with an invite to LinkedIn to her email.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#118
post #52

Earlier quoted context omitted.

No sure I understand. Wall Street had certain expectations of LinkedIn's growth. That was reflected in the stock price. I was incorrect. Q4 earnings were great, it was the fact that LinkedIn released 2016 guidance that was far below market expectations. [LinkedIn released their earnings and they were way below expectations, so the stock took a massive hit.] Does that seem unfair to you?

Imagine if I bought "stock" in your job. I monitored your performance and set expectations for your work. You fail to meet those expectations, so as the majority shareholder of your job, I have you fired and replaced with someone else. Or you underperform once and I use this threat every single review. That's how Wall Street ruins good business.

But it's an aggregation of sentiment, not just one person.

And if you feel that sentiment is wrong, there's your chance to make money! Start buying stock in that business at the low price the "fools" have set.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#119
post #85
post #14

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.

Some parts of their product ARE terrible, like their search. It almost never works. I sometimes have to go to Google to find someone on LinkedIn.

I find doing anything on linkedin via mobile to be the worst experience.

I am pretty surprised that in SV, they have one of the worst performing mobile experiences. It is always super slow, lags, unclicks, takes me back to an entirely previous page when hitting back, as opposed to the screen I was looking at before I read that profile... etc...

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#120

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.

I wonder if that's why the manager of a Grease Monkey endorsed me for parallel algorithms... I see bogus endorsements so often.

My mom has endorsed me for literally every tech under the sun without knowing what any of it means.
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