141–150 of 663 posts
The idea that LinkedIn has enough market value to be able to lose $10B of it makes me sad.
Yeah, I would like to see someone justify the market value of LinkedIn. They seem to be losing money, and they have over 9000 employees (doing what exactly?).
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…
I'm sympathetic to your post, except the last bit. Where do you see the [broad] economy declining, only sector I know declining is energy.
Market prices are still overvalued, as well =( http://www.multpl.com/shiller-pe/
IBM, Intel, HP, etc are all declining, as well as retailers like Wal-Mart. Obviously the jobs report is welcome news, so maybe I just have an overly pessimistic outlook.
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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…
It would probably be pretty trivial to set up a filter or two to automatically delete those emails. Or maybe just leave your account open (though it sounds like you would refuse to do this on principle). I never receive emails from Facebook. I think it's a bit extreme to cheer for hackers to take down a big company just because they send you a few emails. How much time has it really cost you, in total, to delete thei…
Did anybody actually _lose_ anything? It's not like LinkedIn is more or less intrinsically valuable than it was yesterday. The only thing that's happened is that their baseball cards dropped in resale value.
Anybody who thinks a non-dividend non-voting stock is anything other than a baseball card is kidding themselves.
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…
I too (as a freelancer) find quite a bit of value out of LinkedIn, but that's orthogonal to the fact that they are a scummy company with even lower ethical standards than Facebook. That they don't have a rivaling alternative to provide competition only adds to the tragedy.
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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…
Useless, of course. But just because they ignore internet norms of decent behavior doesn't mean I will.
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.
Email from my 88 year old Father: "I am on linkined now. What do I do?"
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It would probably be pretty trivial to set up a filter or two to automatically delete those emails. Or maybe just leave your account open (though it sounds like you would refuse to do this on principle). I never receive emails from Facebook. I think it's a bit extreme to cheer for hackers to take down a big company just because they send you a few emails. How much time has it really cost you, in total, to delete thei…
Exactly. If it's 5 minutes per 1 billion customers, 5 billion minutes wasted. That's 9512 years. 135 lives.
Where are you getting that 1b number from? Most of Facebook's active users are presumably not receiving these emails or not being particularly enraged by them, since they like using Facebook.
But that said, I've recognized their maniacal monetezation schemes with trepidation. Is is it really "valuable" to me to see the names of everyone who has looked at my profile? Is it $5/month valuable? No. Is it valuable to LinkedIn that people who don't know me can find me there? Apparently the recruiters think it is. So the place where I feel LinkedIn is suffering is that it makes it painful to stay on the site as one of the 'targets'. And that is getting them into trouble. Because if the only people there are recruiters and nobody else, it won't have any value to the recruiters either.
All of that points to some serious strategic myopia at the top. They need to take their top leadership into a room for a weekend and get on the same page about how to run that business, MySpace is the canonical example of getting the calculus wrong.