Microsoft to acquire LinkedIn for $26B • Hacker News Board

Re: Microsoft to acquire LinkedIn for $26B

#41

Post by maxerickson » Mon, Jun 13, 2016, 12:45 PM UTC

minimaxir wrote: post #12

Why would Microsoft release a major M&A announcement at 8:35 AM EST / 5:35 AM PST? It's not even the professional workday yet!

Because trading opens at 9:30.

They probably finished the deal over the weekend.

E: And it could well be the case that they had planned to announce it yesterday but chose not to because of the Orlando shootings.

Re: Microsoft to acquire LinkedIn for $26B

#42

Post by themartorana » Mon, Jun 13, 2016, 12:45 PM UTC

nevi-me wrote: post #7

I hope this will usher in an era of less unethical behaviour from the company under new leadership. Congratulations to shareholders. Anyone know why they'd negotiate an all cash settlement?

So people can cash the fk out, baby! (If I could negotiate $26B in cash, I would.)

Re: Microsoft to acquire LinkedIn for $26B

#43

Post by kozhevnikov » Mon, Jun 13, 2016, 12:45 PM UTC

LinkedIn owns Lynda, but Microsoft (MSDN) partnered with Pluralsight, interesting how that will play out.

Re: Microsoft to acquire LinkedIn for $26B

#44

Post by kxd » Mon, Jun 13, 2016, 12:46 PM UTC

satysin wrote: post #4

Holy fuck that is a lot of money. How on earth is LinkedIn worth anywhere near that?!

As someone else pointed out, their revenue is pretty decent. But their biggest asset is likely key staff as well as, as social networks go, that it has the cleanest/most useful database of users.

Re: Microsoft to acquire LinkedIn for $26B

#45

Post by dec0dedab0de » Mon, Jun 13, 2016, 12:46 PM UTC

Here's hoping Microsoft keeps up it's recent good guy persona, and starts actively identifying and removing dark patterns from LinkedIn.

Re: Microsoft to acquire LinkedIn for $26B

#46

Post by graeham » Mon, Jun 13, 2016, 12:46 PM UTC

laser wrote: post #30

satysin wrote: post #4

Holy fuck that is a lot of money. How on earth is LinkedIn worth anywhere near that?!

Well they did do $3 billion in revenue last year. http://finance.yahoo.com/q/is?s=LNKD+Income+Statement&annual

That valuation should be for more like $3B in profit!

Re: Microsoft to acquire LinkedIn for $26B

#47

Post by curiousgal » Mon, Jun 13, 2016, 12:46 PM UTC

oblio wrote: post #28

satysin wrote: post #4

Holy fuck that is a lot of money. How on earth is LinkedIn worth anywhere near that?!

Unlike Snapchat or Instagram, which could very likely turn into MySpace 2.0 or 3.0, Linkedin is actually very entrenched in its market.

What market is exactly that? I still have no idea what Linkedin is all about.

Edit: Yes, keep downvoting me, asking questions about LinkedIn clearly doesn't add to the discussion. sigh

Re: Microsoft to acquire LinkedIn for $26B

#48

Post by wslh » Mon, Jun 13, 2016, 12:46 PM UTC

If I use Skype acquisition as a guide we can expect advertisements all over the site very soon.

Re: Microsoft to acquire LinkedIn for $26B

#49

Post by colinbartlett » Mon, Jun 13, 2016, 12:47 PM UTC

lujim wrote: post #19

Congrats to anyone who was holding LinkedIn stock. Microsoft's bid of $196 per share has LNKD up $63 bucks a share or 48% in premarket. Edit: Also a cautionary tale for anyone shorting a stock that fundamentally sucks but could be a buyout target. Use options instead!

Perhaps congrats on the loss and write down if you bought above $196. Looks like LNKD traded north of $200 for a good portion of the last 2 years.

Re: Microsoft to acquire LinkedIn for $26B

#50

Post by petercooper » Mon, Jun 13, 2016, 12:47 PM UTC

curiousgal wrote: post #47

oblio wrote: post #28

Earlier quoted context omitted.

Unlike Snapchat or Instagram, which could very likely turn into MySpace 2.0 or 3.0, Linkedin is actually very entrenched in its market.

What market is exactly that? I still have no idea what Linkedin is all about. Edit: Yes, keep downvoting me, asking questions about LinkedIn clearly doesn't add to the discussion. sigh

Recruiting. It's huge.