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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

#471
post #446

Earlier quoted context omitted.

> SF can't expand easily since it's water 3/4 all around. Demand still high and supply very low. That might easily change. If average salaries go down, people won't be able to afford pay rent they once used to. There will be less people living on their own and more people sharing with others. This will create oversupply of rental properties which means rent prices will go down. If rent prices go down, property prices…

SF is heavily relying on the high-tech, high salary population to sustain its high market value. So SF is always at risk of having market breakdown. But because giants like Google and Facebook have offices in SF, or near SF, as long as that population remain, SF market will survive, no matter what. If SF only relies on startup, SF will doom. Startup population, however, is dragging the price higher, so high that even…

I'll get hammered for this, but I just wonder if we will be talking about Google, and Facebook ten years from right now?

I know both have diversified, and Google has become best friends with the Obama administration.

I just wonder if they will be relevant? These tech companies main reason for living is advertising, and their algorithms.

I look back, and Apple had a physical product. Other than Apple, exactly what companies will be here in a decade?

Actually, I don't think I would buy another new Apple product for myself. I still buy them as presents. It's a nice gift. For myself, I will still buy used while their is a surplus of parts.

I went into my Corte Madera Apple Store on 2-1-16. There's no cash registers. A few printers are attached under the counters for receipts. It's ambience was that of a operating room. I walked out, with a $39.00 iPad mini case. I said to myself, "Is this my last visit?" The case was not the quality I expected from Apple either.

Please don't beat me up. I won't even be back. Just thinking out loud. My prediction of future events have a poor track record.

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

#472

Hi everyone, I'm Joshua Hartman, the lead engineer for all of LinkedIn's consumer products. Thanks for all the passionate feedback here and we really appreciate it. I just wanted to say that we've been hard at work trying to improve the clarity of our products over the last year and this is something that we will continue to focus on going forward. Many of you have spoken of high volumes of emails. In 2015 LinkedIn b…

I have a question! I'm a student and have noticed 5 or so profiles that connect with 20+ of my classmates/friends with impressive but beleivable titles at well known companies (Human resources at IBM) [1] and generic job histories. The names only exist on linkedin. Its obvious they are either just scraping profiles or something more nefarious. What are you doing to stop the creation of these fake profiles? Why are my friends so dumb?

[1] Fake profile examples, with 20+ in common connections: https://www.linkedin.com/in/sonia-bargo-04b09829 https://www.linkedin.com/in/linda-bertoli-48909829

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

#473

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…

There are many macro risks that can be applied, and people here are right to highlight the bigger issues but LinkedIn's troubles are of their own making.

It's a poor business founded on poor assumptions

A strange game.. the only way to win is not to play...

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

#474
post #472

Hi everyone, I'm Joshua Hartman, the lead engineer for all of LinkedIn's consumer products. Thanks for all the passionate feedback here and we really appreciate it. I just wanted to say that we've been hard at work trying to improve the clarity of our products over the last year and this is something that we will continue to focus on going forward. Many of you have spoken of high volumes of emails. In 2015 LinkedIn b…

I have a question! I'm a student and have noticed 5 or so profiles that connect with 20+ of my classmates/friends with impressive but beleivable titles at well known companies (Human resources at IBM) [1] and generic job histories. The names only exist on linkedin. Its obvious they are either just scraping profiles or something more nefarious. What are you doing to stop the creation of these fake profiles? Why are my…

Due to boredom I did more research. Reverse image searched the profile pic, found it on a yelp profile writing fake 5 star reviews and one of those fake sites that 'let employers fight over you.'

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

#476

Hi everyone, I'm Joshua Hartman, the lead engineer for all of LinkedIn's consumer products. Thanks for all the passionate feedback here and we really appreciate it. I just wanted to say that we've been hard at work trying to improve the clarity of our products over the last year and this is something that we will continue to focus on going forward. Many of you have spoken of high volumes of emails. In 2015 LinkedIn b…

It's not the clarity of the products, its the quality that needs work. There are still basic things that need work including broken UI and random bugs encountered everyday. I have a basic company/employee connection support issue outstanding for weeks now. Surely for a product that users actually pay for, the end result should be far better than this?

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

#477
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.

Their product IS terrible. Remember they actually charge users for this unlike other networks that monetize purely from advertising. LinkedIn can and should be far better but it's incredibly how bad it really is.

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

#478
post #441
post #381

Earlier quoted context omitted.

Yeah, that's what I wasn't sure about. Shorting is fine but it's also difficult to time right. And yeah guessing when it's the actual bottom is also not that self evident (at least for me). So I'm kind of curious to hear any anecdotes from users here profiting in 2008...

Timing is very difficult, I've been told over and over again. I personally think it's easier to time the top rather than the bottom. The reason: the fall is always preceded by lots and lots of people forecasting doom and gloom. I got out of Sun Microsystems stock (and some others) at the end of 1999 for that reason. Sold at $150+. Months later it was at $5. Now, I'm no prognosticator. I was looking to buy a house in…

Got in close to the bottom with the QQQ in 2009. Chickened out and thought we'd reached a top in 2013 and cashed out. Was sitting in cash for 2 years.

Now I believe we're going down. I'm shorting through options to get some bigger action. 3x from SQQQ not good enough- so buying 6-12 month puts on Cloud companies and QQQ. Didn't get in it at the top - started at about 10% below the top.

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

#479
Certainly a lot of hate for Linkedin here - curious, what would people like Linkedin to become? Or what would it take for a new service to be interesting? And given that people are unlikely to pay for a service like this means that advertising and recruiter services are likely the only sources of revenue - are you comfortable with that?

The opportunity I'm surprised Linkedin has not tackled is to create their own CRM system. I think they are the only company that can really challenge Salesforce.com. Imagine getting a CRM system and having everyone in already - a marketing/sales dream. I imagine they thought of this, but may have said it was beyond the pail as it may have driven users away. Interestingly, Hubspot's CRM was offered with data.

To me, the most interesting part of the announcement was highlighted here:

http://adage.com/article/digital/linkedin-shuts-ad-network-1...

They're shutting down their external ad network that they purchased when they bought Bizo. Having tried this product, I'm not surprised - it was a piece of sh*t.

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

#480
post #468

Earlier quoted context omitted.

You're spending 50% of your monthly post tax income on rent. That's not what I would call affordable.

So then they have $3.5k left after rent each month, while living in the middle of one of the most popular cities in the country. Meanwhile, the average American couple would have less than $3.5k before paying, regardless of what their rent is.

Right. I guess it depends on what your other expenses you have. For example, $2k out of that extra $3.5k would got to student loans for me. So spending $3.5k on rent just doesn't work. If you don't have student loans or any major debts sucking up your income then I envy you.
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