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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

#281

Post by ChuckMcM »

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 seem to have struck a nerve :-) For what its worth a while ago Uber had a story on their site about lemonade (https://newsroom.uber.com/uberstand-exposed/) which got me thinking at the time how that might actually work. And the idea sort of popped out. I take no credit for connecting Uber and Lemonade into a startup idea, only for their go to market plan :-)

Happy Friday everyone.

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

#282

Post by winkle »

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…

She may need to pivot into the Plated for Lemonade Stands. Just send the chef prepared ingredients (meyer lemon, rare plant sugar and The Timmy Brothers water) and a step by step recipe to make the lemonade at home. She could then sell services on top of that to have a local independent rep prepare the lemonade for you.

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

#283

Post by Pxtl »

TearsInTheRain wrote: post #268
delecti wrote: post #215

Earlier quoted context omitted.

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?

Because initiating a conversation with a friend about LinkedIn is more respect and mindshare than this service deserves.

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

#284

Post by Pxtl »

gohrt wrote: post #137
vlunkr wrote: post #115

Earlier quoted context omitted.

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.

If you were an outsider in need of a job, you'd appreciate the recruiter spam.

Not when 90% of them aren't even local.

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

#285

Post by AlwaysRock »

request

I use a Chrome extension that removed the ability to see the news feed on facebook called News Feed Eradicator.

Since installing it I've saved a lot of time because I can still use Facebook messages and view groups that I am a part of but I don't get caught in the mindless scrolling trap.

I would pay for a similar extension for linkedin. I have to use linkedin for work but I find myself scrolling mindlessly way too often. Does anyone have the ability to put something like that together?

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

#286

Post by ricardobeat »

refurb wrote: post #52
jonathanehrlich wrote: post #29

Just another reminder to never ever build your company for Wall street. In 2004, Netflix went from 40 to 2 in 6 months. Amazon from 89 to 5. There are entirely zero competitors to Linkedin right now (FB is nowwhere in the space). And while i agree the product has stagnated a bit - this in my view is another example of Wall Street's insanity. (and no, i don't own any shares :)

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?

By all metrics the business is doing great, but stock holders demand more growth and act irrationally over "sentiments". This is not reasonable or sustainable.

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

#287

Post by Pxtl »

suprgeek wrote: post #179

All those celebrating this event - don't. If you think these guys were using shady and scummy tactics before to spam you and steal your contacts, what do you think they are going to do when their share price sinks? Suddenly reform and stop the borderline-illegal stuff? LinkedIn will get even more aggressive at monetization. So expect even more of: 1) Random clicks that let you "invite" everyone in your address book 2…

> Google could have done this with G+, Twitter can do this today with proper reorientation, Heck FB could wipe the floor with these jokers (WhatsApp could too).

I keep waiting for any of those companies to pull their heads out of their butts and realize this.

Google's product strategy seems to be a random-walk, Twitter's platform is too far from LinkedIn's workflow to make it work, but Facebook? Facebook is the kind of company I'd thought would have figured this out.

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

#288

Post by reitzensteinm »

cscharenberg wrote: post #198
jasonmp85 wrote: post #152

Earlier quoted context omitted.

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 v…

I get zero spam to the email I have a LinkedIn account on. I get a shit ton to my gmail, no matter how often I click unsubscribe, send to spam and whatever else.

So both your experience and the grandparent's are possible - they respect you, once you've signed up.

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

#289

Post by dclowd9901 »

School-Cotton wrote: post #247
aridiculous wrote: post #246

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.

That's ridiculous. I have literally never applied for a job where I could just give a Linkedin link instead of using a resume or filling out a form.

Seriously? Where do you live, out of curiosity?

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

#290

Post by navbaker »

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…

She won't last once a troll holding a lemon-related patent sues her in East Texas.
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