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

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191–200 of 663 posts

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

#192

"It projected full-year revenues at $3.6 billion to $3.65 billion, versus $3.9 billion expected." Call me naive, but where has that $3.6 billion been going? I realize they just released a new app (which is pretty nice), but that seems like an incredible amount of money for a company whose main business is a cloud application.

First of all they have multiple apps, and they have a ton of products that a normal consumer-facing user just doesn't see. It sells to enterprise just as much as it advertises to causal users of the website.

Ask a recruiter or a sales driven org and they'll tell you that LinkedIn is invaluable for getting leads (through products tailored for this segment).

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

#193
post #191

From the advertising standpoint, it seems to me that Facebook has a database of people's job titles which is almost as good as LinkedIn's, without requiring advertisers to pay a minimum $2.00 per click to reach them.

From our experience targeting job titles, LinkedIn is actually much more comprehensive than Facebook. ie targeting "Operations Directors at Company X". Facebook doesn't provide that level of granularity, and our audience sizes are much bigger on LinkedIn.

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

#194

Startup CEOs are getting pretty young these days, has your niece been hitting you up for a seed round? I'm thinking an App that is Uber for Lemonade Stands, people in the neighborhood just press the "I'm thirsty" button and one of her "mixologists" nearby makes a lemonade and brings it by. She doesn't make the lemonade or sell it, she is all about connecting thirsty people to industrious people who are putting their…

This app and Uber face similar regulatory burdens.

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

#195

Startup CEOs are getting pretty young these days, has your niece been hitting you up for a seed round? I'm thinking an App that is Uber for Lemonade Stands, people in the neighborhood just press the "I'm thirsty" button and one of her "mixologists" nearby makes a lemonade and brings it by. She doesn't make the lemonade or sell it, she is all about connecting thirsty people to industrious people who are putting their…

> Startup CEOs are getting pretty young these days, has your niece been hitting you up for a seed round?

http://techcrunch.com/2016/01/06/is-10-too-old-to-be-in-tech...

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

#197
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.

this... I've refused to ever sign up for LinkedIn despite many peers asking me why not and acting like I should be on there.. I've thought their spam tactics were dispicable and harassing. I've unsubscribed but still get emails trying to get me to sign up. No one "has" to use LinkedIn or any other software for that matter...

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

#198
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.

Am I the only one not getting LinkedIn email? I have an account, turned off all email-based notifications, and stop by every half-year or so to see what's in my inbox. It's usually full of messages, but I never get any emails from them. Am I just lucky? What's up?

Same here. I get an email when someone asks to connect but nothing else, and I get that because I want it. They have pretty explicit settings. Just checked and "Introductions and InMail" are only thing enabled. You can also adjust frequency for individual types of messages so you get batch updates.

LinkedIn is generally crappy at what is supposed to be its primary purposes, and they do shady UX stuff. But they have very granular controls for email and push notifications.

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

#199
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…

>but as a well-known, professional network with a large userbase, I have yet to find a rivaling alternative.

That's their only advantage, that they are big and almost everyone is already there but it always feels to me like they are some sort of myspace waiting for their a Facebook to come and do it right.

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

#200

I've been registered on LinkedIn for a long time and found it a fun an useful way to catch up on people moving around and advancing their careers, what used to be done at the occasional cocktail party or celebration could be done faster and quicker by scanning the changes. And that has helped me stay in professional touch with people with whom I might otherwise lose touch. But that said, I've recognized their maniaca…

The thing you're missing is that the $5 a month enhanced profile isn't the main product they're selling. They sell recruiting products, sales products, and more that you just don't have visibility into because you're not a salesperson or a recruiter.
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