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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

#561

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…

You're a brave man, posting this here. Not least because if LinkedIn continues to add clearly-intentional dark patterns, people here are likely to remember you said it.

So: I hope that's the optimistic sign it might be ;-)

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

#563

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…

Here's another idea - don't give me a push notification anytime someone in my network has an update.

That's for their actual customers, the recruiters. Recruiters want to know when somebody updates because that's usually a sign they're about to start looking. It's a big deal.

Sucks for you, but you're the product, not the customer.

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

#564
post #546

Earlier quoted context omitted.

Really? Where? You still use dark patterns all over the place. Misdirection to get users importing contacts, burying opt-outs (try figuring out how to disable InMail), removing features from free accounts.

Oh, the irony. AMA comments on HN by employees of companies in the news are usually very well received. We naturally give a chance and the benefit of doubt. LinkedIn may have especially pissed off developers since we have so many headhunters after us with high margins. It looks like a MS person logging in a Linux forum under the era of Steve Ballmer.

You are quite cynical. And Ballmer was still better for the general public than the masters of evil patterns Gates and Gates v2 "Satya".

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

#565

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…

Hm. You brag on your own LinkedIn profile about several interesting things: "Increased the number of invites generated from "people you may know"​ recommendations by 50%", "Intelligent blending of ads into the feed - able to increase sponsored content revenue by 50% without harming engagement".

So okay, you're already very familiar with LinkedIn's misleading dark patterns. You are, for instance, making ads look like real content in order to get people to mistakenly trust them more.

This makes your claim that you're hard at work "trying to improve the clarity of our products" mean something different than I had expected.

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

#566

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…

Gloomy, but likely correct. A lot of these current valuation numbers just don't make sense. The implied growth rates in many tech stocks is unrealistically high. The Bay Area's long-term employment prospects simply cannot support current home values or rental rates. Once public and private equity valuations drop a lot of software development projects are going to get cut and with them the jobs of many software engine…

Bay Area's real estate is actually pretty cheap, considering how much economical output the area has and how desirable the location has been historically.

Look at Vancouver, Hongkong, Shanghai, Moscow, Tokyo, all have waaaaay lower average household income than San Francisco Bay Area, yet wil much more expensive realestate price.

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

#567

Earlier quoted context omitted.

If you're one of the 135 people's lives they've wasted... you might take it a bit more personally. :D

But that's his point: Facebook's emails are not wasting anybody's entire life. The 135 number is an aggregate.

Sure, and he's trying to downplay it.

They're wasting 135 people's entire lives worth of time. Every single day. :(

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

#568

Earlier quoted context omitted.

Sorry, but I've not made this up: "Full profiles for 3rd-degree connections are available only to premium account holders." Here is a screenshot: http://booleanblackbelt.com/2012/09/full-profiles-of-3rd-deg...

Yes, this was true for several years. As of January 2015, 3rd degree is visible again. Though if you're willing to jump through some hoops, all profiles are visible.

I missed that. Thanks for the info. Do you have any link to some authoritative source about this change (I've been unable to find one)?

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

#569
post #492

Earlier quoted context omitted.

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 com…

I think you might be right. I remember about 10 years ago having a discussion with a coworker. He was bemoaning the fact that Microsoft was so far entrenched that nobody would ever be able to challenge them. Back then Microsoft looked like Google does today. Nobody stays on top forever.

I agree with @monkeywork, i think Microsoft is now in better than what it was in 2003/4, At the time when i worked there we knew Linux was a challenge, MSSQL, AD, Exhcange all had still competition(sun one Ldap, domino mail/workflow) and was fighting hard in fact i would say Domino with it's workflow was in better position. With Azure, SQL Always on, .net and solid Windows server i expect Microsoft to be around for long atleast another 1o to 12 years in dominant position in enterprise segment.

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

#570

Earlier quoted context omitted.

For me, this is the most surprising missed opportunity: "posting original stuff to groups with thousands of members and not receiving a single comment or click to some link" LinkedIn had the chance to build some amazing forums. LinkedIn should be the place that you think about when you want to have a conversation about business. They clearly have the traffic. They could have done something amazing with their groups a…

Every time they touch Groups, they make them that much worse. They made a big (incomplete) UI overhaul which managed to make them less easy to use, and half the time fails to load posts (every 1-2 posts as you scroll down is loaded via script, fails a surprising amount of the time, or simply refuses to fire!). I'm at a total loss as to why they hate Groups so much. Not enough page loads / ad impressions? We run a few…

From my perspective, discussion groups at linkedIn fails to deliver because 99% of posts in the groups are shameless self-promotion. Posters and group creators are not seeking knowledge or discussion, but wish to promote their own new product, company. The same goes for nearly all posts on linkedin: the site is treated as an advertising channel by all involved.
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