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

businessinsider.com

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

#321

Post by Outdoorsman »

kbenson wrote: post #221
ChuckMcM wrote: post #155

Startup CEOs are getting pretty young these days, has your niece been hitting you up for a seed round? I'm thinking an App that is Uber for Lemonade Stands, people in the neighborhood just press the "I'm thirsty" button and one of her "mixologists" nearby makes a lemonade and brings it by. She doesn't make the lemonade or sell it, she is all about connecting thirsty people to industrious people who are putting their…

I would be interested in seeing how this plays out, considering cops occasionally shut down lemonade stands for not having permits[1]. This was not an isolated incident[2]. 1: http://www.cnn.com/2015/06/11/politics/lemonade-stand-shut-d... 2: http://www.lemonadefreedom.com/category/selling-lemonade-is-...

The legal work-around is giving the lemonade away, free...

Sitting on the counter nearby is a cup for voluntary "donations" which will go to a specified "cause"...I've seen multiple fundraisers that appear to be hacking local regulations in that way...

I'm unaware of any legal work-around regarding Health Department regulations...maybe a location with a low profile helps a bit...not necessarily a good business model...

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

#322

Post by pfarnsworth »

kuschku wrote: post #315
pyrrhotech wrote: post #312

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…

It’s probably even a too optimistic forecast. The readjustment of the market to reality is going to be a big issue, especially when one looks at just how many companies are operating at huge losses. Most people already know that it can’t continue like this. The good thing is, real estate values will decrease like the pay, so people can rent at cheaper rates in the bay areas. The bad thing is, those who have bought a…

Except the last time the markets dropped, real estate prices went up.

If there is a problem, the Fed will drop interest rates, maybe even go negative, and that will cause bond rates and conceivably mortgage rates to drop as well.

The Fed wants inflation, and most importantly home price inflation. They will do whatever it takes to stop deflation, they've already said this. Bernanke said he would drop bags of money out of helicopters, obviously an exaggeration, but basically this is how critical the Fed views the fight against deflation.

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

#323

Post by T-hawk »

uptown wrote: post #43
bnchrch wrote: 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.

Or how about the phony "people you may know". They suggested I may know my 4 year old Niece because somebody uploaded the email address created for her into their system. She definitely doesn't have a LinkedIn account, but they portray a profile-photoless "shadow profile" as-if she does.

LinkedIn's "shadow profiles" are absolutely horrific.

I deleted my LinkedIn account over five years ago, and hunted down every "no, really delete" option I could find on the site and in their emails. It didn't work. LinkedIn will still happily let users and recruiters find my old ghost profile and try to connect with it. I have quite a number of former co-workers who think they have a contact channel with me in LinkedIn even though it would never reach me. LinkedIn isn't just a nuisance, it's actively poisonous and dangerous.

I'll be doing all my future job hunting on StackOverflow Careers, thanks.

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

#324

Post by bkeroack »

pyrrhotech wrote: post #312

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…

Salaries tend to be sticky. A more likely outcome is the bottom ~25% of engineers being laid off or moved to contract status.

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

#325

Post by Johnny_Brahms »

fnordfnordfnord wrote: post #237
uremog wrote: post #229

Earlier quoted context omitted.

I hear Jamba Juice is seriously lobbying against these "rogue juicers".

Nothing against the kids, but they need to play by the established rules; not undercut established juice franchisees who've invested considerable funds to purchase local franchise rights.

First it was all the immigrants. Now it's the kids stealing our jobs.

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

#327

Post by cpprototypes »

pyrrhotech wrote: post #312

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…

For the bay area, I think compensation drop will be far worse. The base salary of bay area companies has never been that impressive. Even the big tech companies like Google and Facebook, base salary is not much more than other regions. The impressive compensation numbers are always because of bonus+RSU. These will probably be massively reduced or even eliminated completely if the tech downturn gets bad enough.

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

#328

Post by bdcravens »

rm_-rf_slash wrote: post #75
refurb wrote: post #52

Earlier quoted context omitted.

No sure I understand. Wall Street had certain expectations of LinkedIn's growth. That was reflected in the stock price. I was incorrect. Q4 earnings were great, it was the fact that LinkedIn released 2016 guidance that was far below market expectations. [LinkedIn released their earnings and they were way below expectations, so the stock took a massive hit.] Does that seem unfair to you?

Imagine if I bought "stock" in your job. I monitored your performance and set expectations for your work. You fail to meet those expectations, so as the majority shareholder of your job, I have you fired and replaced with someone else. Or you underperform once and I use this threat every single review. That's how Wall Street ruins good business.

Every publicly traded company is subject to the other side of the coin too: their stock price rises based on exceeding analysts' expectations. If you want to be publicly traded, then you have to deal with your performance relative to the public's expectation.

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

#330

Post by microcolonel »

I like LinkedIn, it helps me get in contact with hiring managers and gives me a platform to say nice things about my colleagues.

I also prefer it to résumés for getting an idea of who I'm working with.

I don't like that it tries to trick me into doing things I don't want to do. I hate to think that people might be sent unsolicited email just because I decided to interact with it.

I honestly think that they should stop trying to be a social network, and instead: perfect the résumé; help people find talent without having to resort to shotgun InMails; discourage boasting in the unstructured parts of the profiles (Summary specifically).

I think that if they fire some people and chop off a few limbs, they could emerge a company that people actually respect.

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