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

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451–460 of 663 posts

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

#451

A lot of people hating on LNKD here, but this isn't really company-specific. This is a macro shift. LNKD being down by 40% by only guiding down 8% below estimates is a big warning of how the market is about to treat all bloated growth stocks. In 2013, if they reported the same results, the stock would have been flat or slightly down. It's a major shift in investor sentiment. Bubble bursts always start in the public m…

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

#452

A lot of people hating on LNKD here, but this isn't really company-specific. This is a macro shift. LNKD being down by 40% by only guiding down 8% below estimates is a big warning of how the market is about to treat all bloated growth stocks. In 2013, if they reported the same results, the stock would have been flat or slightly down. It's a major shift in investor sentiment. Bubble bursts always start in the public m…

It’s probably even a too optimistic forecast. The readjustment of the market to reality is going to be a big issue, especially when one looks at just how many companies are operating at huge losses. Most people already know that it can’t continue like this. The good thing is, real estate values will decrease like the pay, so people can rent at cheaper rates in the bay areas. The bad thing is, those who have bought a…

>The good thing is, real estate values will decrease like the pay, so people can rent at cheaper rates in the bay areas. The bad thing is, those who have bought a house are f~~~~~d.

This needs to happen. We need to see housing as more a consumption item than an investment item. The more people see it as an investment, the more the NIMBY policies we see to increase home values to levels which price young and low earners out of the market.

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

#453
post #52

Earlier quoted context omitted.

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.

No. I think it's other way around. They were priced so high in the first place because they were expected to grow at a very high pace. They have mostly matching those until 15Q4 but the expectations for the next year are drastically lower so they get priced lower. What's so difficult to understand about it.

If you feel LNKD is cheap at this price, it's time for you to go make some money. Buy stock, calls.

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

#454
post #417
post #360

Earlier quoted context omitted.

Probably not, because people don't ask. In 2008 when I was living in NYC, I asked and received 10-15% year over year decreases in rent (3 years). Long time NYers thought I was crazy to even ask. Incredulous I got it. And this was in Manhattan, doorman building, a few blocks from Lehman Bros. So yeah ask. And be prepared to move. If you aren't prepared to move, you're not ready to save.

Just curious, what do you mean, be prepared to move? Did you tell the landlord, "I will move if you don't give me a 10% decrease in rent"? I'm finding it hard to believe that in a market like NYC where the rents are sky high generally increasing, you could get such a discount. It also depends on the kind of property taxes prevalent in the states. e.g. in California, property taxes are set at the time of purchase, whi…

> I'm finding it hard to believe that in a market like NYC where the rents are sky high generally increasing, you could get such a discount.

I was able to do the same thing when re-signing the lease for my NYC (East Village) apartment in June 2009. My roommates and I drafted a letter requesting a 10% reduction, citing decreased rents 1) in the neighborhood and 2) in the rest of the city - specifically in the financial district where "luxury" buildings were giving away multiple months of free rent as a signing bonus - and the management company accepted it without a word.

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

#455
post #417
post #360

Earlier quoted context omitted.

Probably not, because people don't ask. In 2008 when I was living in NYC, I asked and received 10-15% year over year decreases in rent (3 years). Long time NYers thought I was crazy to even ask. Incredulous I got it. And this was in Manhattan, doorman building, a few blocks from Lehman Bros. So yeah ask. And be prepared to move. If you aren't prepared to move, you're not ready to save.

Just curious, what do you mean, be prepared to move? Did you tell the landlord, "I will move if you don't give me a 10% decrease in rent"? I'm finding it hard to believe that in a market like NYC where the rents are sky high generally increasing, you could get such a discount. It also depends on the kind of property taxes prevalent in the states. e.g. in California, property taxes are set at the time of purchase, whi…

Yes exactly. Its not a negotiation if you wont walk. Car dealer won't change price? Walk and buy a different car. If you are too in love to walk you already lost the negotiation.

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

#457
post #364

Earlier quoted context omitted.

Misplaced moral outrage? You're a complete clown in real life if you let yourself get swindled to a point of paying 2k/mo for rent. Have some self respect.

Once again, your reading comprehension needs some work. I never said that I spend that much on rent. In fact, I spend less than $2000 per month on rent. But what I spend is not relevant, because I never made any statements about myself. I was merely pointing out that the argument, "Tech employees making $200k+ are the only ones who can afford a $4k per month apartment in SF", is incorrect, and that many people who ma…

$4k is basically half your take home if you factor in a modest 401k contribution.

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

#459
post #143

Earlier quoted context omitted.

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.

Facebook is not wasting emails on 1 billion people. Honestly I'm an active user and dont get a single email. It's a few clicks to turn off all email notifications. If you're not a user then you should get nothing unless someone else is trying to invite you, which is the fault of that person, not the service.

Why the hyperbole?

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

#460
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?

You're not lucky. People are just lazy and like to complain rather than spend the 2 minutes to update their email settings.
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