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Recruit Is Japan’s Top Contender for Global Internet Domination

bloomberg.com

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Re: Recruit Is Japan’s Top Contender for Global Internet Domination

#2
I still find it very difficult to trust Bloomberg after “The Big Hack” was widely refuted without a retraction. Now whenever I read a Bloomberg puff peice like this, I’m wondering who’s agenda they’re serving. Who’s got all the Recruit stock that wants to see it rise? How much of the article is twisted to paint this company in a positive light? They’re not a trustworthy publication anymore.

Re: Recruit Is Japan’s Top Contender for Global Internet Domination

#3
post #2

I still find it very difficult to trust Bloomberg after “The Big Hack” was widely refuted without a retraction. Now whenever I read a Bloomberg puff peice like this, I’m wondering who’s agenda they’re serving. Who’s got all the Recruit stock that wants to see it rise? How much of the article is twisted to paint this company in a positive light? They’re not a trustworthy publication anymore.

I guess to avoid having such a huge scandal[1] again, it makes sense to preempt any negative spin by admitting that they had problems, and putting focus on how they turned it around instead.

[1] https://en.wikipedia.org/wiki/Recruit_scandal

Re: Recruit Is Japan’s Top Contender for Global Internet Domination

#4
The analogy with tencent and alibaba seems instructive, but not necessarily in a good way. They are both massive bloated platforms that do lots of different disconnected things not very well. e.g. the wechat messaging app contains subprograms for games, payment, flight bookings, etc you can't turn off. They only continue to exist because of network effects, and because they play nice with the Chinese government.

If Recruit works on the same model then they will have the same problem moving abroad that there is no one thing they are better at than an existing company

Re: Recruit Is Japan’s Top Contender for Global Internet Domination

#5
I recently signed up to recruit to make a dinner reservation in Japan.

They used a lot of dark patterns for their email marketing. Bombarding me with multiple different newsletters I didn't sign up for and I had to cancel every single one of them separately. And nearly a week delay after sign-off. One of the worst non-spam marketing I had to deal with in the last years.

Re: Recruit Is Japan’s Top Contender for Global Internet Domination

#6
post #4

The analogy with tencent and alibaba seems instructive, but not necessarily in a good way. They are both massive bloated platforms that do lots of different disconnected things not very well. e.g. the wechat messaging app contains subprograms for games, payment, flight bookings, etc you can't turn off. They only continue to exist because of network effects, and because they play nice with the Chinese government. If R…

>They are both massive bloated platforms that do lots of different disconnected things not very well. e.g. the wechat messaging app contains subprograms for games, payment, flight bookings, etc you can't turn off

In an age where bringing users together and building ecosystems seems to count for more and more this isn't necessarily a downside. We're used to the startup and "move quick" mentality but conglomerates have been making somewhat of a comeback for a while now, and Google and Amazon aren't exactly 'non bloated' either, because I'm sure for many of their services there's some small company somewhere that does it better. (case in point, DeepL's translation is actually astonishingly good).

So maybe being a big scary monolith with government support is a good strategy to be a dominating internet company in this day and age and in the years to come.

Re: Recruit Is Japan’s Top Contender for Global Internet Domination

#8
The #1 largest market for GitHub is the US. The second largest group of users is from Japan. I'm surprised there aren't more startups from Japan. The people are tech savvy and the economic malaise exceeding 20 years should be pushing people towards entrepreneurship and risk taking.

Re: Recruit Is Japan’s Top Contender for Global Internet Domination

#9
post #8

The #1 largest market for GitHub is the US. The second largest group of users is from Japan. I'm surprised there aren't more startups from Japan. The people are tech savvy and the economic malaise exceeding 20 years should be pushing people towards entrepreneurship and risk taking.

I counter that economic malaise stifles innovation as it promotes playing it safe to protect your future.
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