LinkedIn is doomed the moment real competition appears. People only use it while grimacing with disgust.
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LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
31–40 of 49 posts
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#32LinkedIn is doomed the moment real competition appears. People only use it while grimacing with disgust.
I can only agree. Specifically, their job recommendations repeatedly insisted (until I finally got around to muting them) that because I'd had a job in a particular city some years ago, clearly that made me an ideal match for positions in entirely different fields.
Seriously, if your company's raison d'etre is employment, and you're giving equivilancy to a long-ago location as to someone's actual field of expertise.. I'm, generously, hoping things improve.
For many people, jobhunting can be a soul-crushingly tedious, utterly unrewarding experience, and LinkedIn's seemingly unaware and uninterested, preferring self promotion with all the inerrant accuracy of AdWords.
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#33Earlier quoted context omitted.
Even Facebook has a better model as their P/E ratio is only 200 or so.
Saying the value of a biz model is inversely proportional to P/E is ridiculous.
Surely not - P/E ratio is a guess at future profits factored in now. If a company is demonstrating real profits now and so has a viable business model, it will be easier to guess (project?) future profit and so P/E ratio will lower
I suspect this only works for P/E ratios above one order of magnitude - when dealing with companies that obey laws of gravity other factors come in to play (I mean seriously 900x earnings. That's insane).
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#34Earlier quoted context omitted.
Can you explain what you mean? It's not obvious to me from my perspective.
Could linkedin use it's data for nefarious purposes? Yes. Could some professionals ask to be compensated for being on the network? Yes. Have the professionals on linkedin realized the above? No.
Many professionals are compensated for being on LinkedIn - just not by LinkedIn direct !
Oh and I consider the spam I have to wade through to use it a nefarious purpose :-)
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#35Earlier quoted context omitted.
Why? I like it.
I'm curious about this as well. I don't use the site, but I see a lot of hate toward it (much of it seemingly unexplained).
This is a good example of why everyone who has any sense dislikes the company: http://community.linkedin.com/questions/8947/how-do-i-preven...
Long story short: They're slimy.
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#36LinkedIn is doomed the moment real competition appears. People only use it while grimacing with disgust.
But it is the very definition of a network effect - I think competing with it is a hiding to nothing - I suspect that the best approach is to commoditise it - one of its plugins will become so popular that it essentially takes over simply using the LinkedIn API as a convenient backend
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#37At a P/E of 935, I would also sell all the shares I could. http://finance.yahoo.com/q?s=LNKD
Absolutely. When choosing between network effects vs. data, I will invest in a data company every time. Data seems to pay off in totally unforeseeable ways far into the future.
Take, for example, YouTube. Google paid $1.65bn for a company that didn't have a way to make money, but it generates massive amounts of human-labelled data. Now, a decade later, with Google's distributed artificial neural net, YouTube is granting Google sight. Google can see.
Yes, this is proof by anecdote - makes me cringe too. But bet on data. You can make lots of money.
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#38Earlier quoted context omitted.
I'm curious about this as well. I don't use the site, but I see a lot of hate toward it (much of it seemingly unexplained).
This is a good example of why everyone who has any sense dislikes the company: http://community.linkedin.com/questions/8947/how-do-i-preven... Long story short: They're slimy.
OK but once you're in already, and you aren't connecting your address book (hmm, what else are they going to do with it?) what sucks about LinkedIn so much relative to other social networks?
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#39At a P/E of 935, I would also sell all the shares I could. http://finance.yahoo.com/q?s=LNKD
So... why would it be a bad idea to short the stock now? Somebody talk me out of it before I make an expensive mistake.
You can consider buying a put option as a form of a short. The problem there is you need to deal with the likelihood of your option expiring worthless. But your downside becomes limited.
Re: LinkedIn Wants More Cash, Offers to Sell $1.15B Worth of Stock
#40LinkedIn is doomed the moment real competition appears. People only use it while grimacing with disgust.
Were people not saying this about facebook once?