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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

#261
post #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...

Workers are already SO set in their ways by their 20s, which makes them difficult to manage.

It's much better to fund teams without driving licenses, so they'll stay more focused on coding. At least, until their parents pick them up.

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

#262

A lot of LinkedIn hate, but no comment I've read acknowledges that LinkedIn (in some fields, and growing) has replaced the resume. It's almost a universal format — there's a lot of value in that. I can just give someone this standard URL instead of creating some crazy word doc with weird indentations.

Except for the fact that people CANNOT see your resume if they are not paying users of LinkedIn and not connected to you or your contacts.

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

#264

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.

that would be good timing, I sold all my stocks a few months ago...

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

#266
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 see newer social networks that are taking the LinkedIn playbook and making it even worse.

As a recovering academic, I find myself getting incredibly scummy e-mails from ResearchGate which actually purport to be from people I have done research with, putting their name as the sender, without that person even taking any action to send the e-mails. It's a spamming/phishing tactic that for some reason hasn't gotten them banned from the major e-mail services.

How do I know that the person named in the e-mail is not choosing to send these e-mails? Someone I once did research with passed away last year, sadly. He started supposedly sending me ResearchGate invitations six months after he died.

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

#267

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.

Have some perspective. It's been a 6 year bull market. This is hardly a correction let alone a crash. You might prove correct, but it's just a guess at this point.

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

#268

Earlier quoted context omitted.

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

I've been endorsed by very close friends, who absolutely know what the endorsements are for, for things that I don't actually have any experience in. There's no way they could have been doing the endorsement intentionally.

If they are "very close friends" why dont you just ask them if it was intentional?

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

#269
post #94

Earlier quoted context omitted.

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.

The "spam" we're talking about here is from LinkedIn itself. That is, you give them your contacts, and it will spam them to sign up too.

If gmail started emailing your friends because you used gmail, that would be a good reason to not use gmail.

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

#270

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…

Brace yourselves, the redditors are coming.
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