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

businessinsider.com

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

#231

Post by wyclif »

jrcii wrote: post #219

Over the years I've been either a freelance IT consultant or the head of an IT consultancy. I never got a client from LinkedIn, no one that worked for me ever got a client from LinkedIn, and more broadly, no one I know has ever got a client from LinkedIn. I'm sure they have some purpose (public resume database?) that I'm not clear on, but their value from my perspective is 0.

I've never gotten a job from LinkedIn, though I'm connected to lots of people I know IRL and have loads of IRL recommendations. Most of what I see is generated by recruiters, even agency recruiters. I get loads of contact requests from recruiters looking for a "rockstar"/"10x"/"ninja", and I ignore all of them.

OTOH, I've gotten several jobs via Twitter. Anecdotal, but Twitter is a more powerful business-oriented social media service if you're looking for a job.

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

#233

Post by dave2000 »

jasode wrote: post #94
vitd wrote: post #67

Earlier quoted context omitted.

Just curious - why did you give them your contacts? I've been on it for years and have never uploaded a single contact. I've just manually connected with people I know. Whenever a service asks for my contacts, I know it's because they want to spam them.

Many people are literally tricked into uploading their contacts. Example with screenshots.[1] The UI/UX practice is called "dark patterns". On a monthly basis, I get LinkedIn "invites" from friends who simply didn't understand LinkedIn's hostile and deceptive user interface. They think they're just importing their contacts to conveniently++ find existing profiles but in reality, they're unwittingly giving permission…

If people have my contacts details that's not really a problem for me. A friend once said he wasn't going to get a gmail account because he didn't want Google knowing all his contacts but Google already had them because they all had gmail accounts. The value of keeping other people's email addresses secret is overrated. Spam is a fraction of the problem it was 10 years ago and there's always filters.

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

#234

Post by cyansmoker »

bnchrch wrote: 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.

You should not.

If anything, this will cause them to send even more emails!

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

#235

Post by mrweasel »

therein wrote: post #139
mrweasel wrote: post #104

Earlier quoted context omitted.

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?).

Umm, did you read the earnings report? They are hardly losing money.

I might be reading the wrong, but they seem to have been losing money the first three quarters of 2015: http://www.google.com/finance?q=NYSE:LNKD&fstype=ii

They would need to make a pretty good profit the last three month of 2015 to make up for it.

Again I might just not know how to read financial statements, but adding up all the "Net incomes" gives you around $108 million in lose.

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

#236

Post by rmxt »

gohrt wrote: post #130
beastman82 wrote: post #121

Earlier quoted context omitted.

But.. how do they know who you've emailed? I don't get how LinkedIn knows this from Gmail

In gmail, everyone you've ever emailed is in automatically added your address book. LinkedIn provides an easy (maybe too easy) way to upload your address book to LinkedIn.

Your "too easy" is my "deceptive dark pattern".

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

#237

Post by fnordfnordfnord »

uremog wrote: post #229
ChuckMcM wrote: post #155

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…

I hear Jamba Juice is seriously lobbying against these "rogue juicers".

Nothing against the kids, but they need to play by the established rules; not undercut established juice franchisees who've invested considerable funds to purchase local franchise rights.

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

#238

Post by seanwilson »

__jal wrote: post #146
pen2l wrote: post #101

Earlier quoted context omitted.

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…

Anything from a Facebook domain hitting my mail server is bounces them back to Facebook's abuse and postmaster addresses. I know categorically that it is abuse, because I am the sole user of my mail server and do not now and have never had a Facebook account, and have repeatedly asked them in various ways to stop spamming me. Useless, of course. But just because they ignore internet norms of decent behavior doesn't m…

For what it's worth I have a Facebook account and have all the email notification settings off and can't remember seeing an email from Facebook in over a year.

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

#239

Post by pdenya »

notahacker wrote: post #62
dawhizkid wrote: post #28

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.

And the sad thing about it is that (i) they have so much mindshare they don't need to do that shit any more, and (ii) it probably makes the average person that would consider subscribing to an online networking tool less likely to consider buying LinkedIn Premium...

Doesn't seem like there's much value in linkedin premium for non-recruiters and the recruiters certainly aren't complaining about spammy practices.

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

#240

Post by taytus »

ChuckMcM wrote: post #155

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…

How much are you raising?
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