LinkedIn is the king of "dark patterns" UI - every part of their website is optimized to trick you into doing something you have no intention of doing.
Absolutely. Every time I log on, I feel like I'm going to accidentally email my entire contact list.
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
#52Just another reminder to never ever build your company for Wall street. In 2004, Netflix went from 40 to 2 in 6 months. Amazon from 89 to 5. There are entirely zero competitors to Linkedin right now (FB is nowwhere in the space). And while i agree the product has stagnated a bit - this in my view is another example of Wall Street's insanity. (and no, i don't own any shares :)
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?
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#53They have a pay for placement scheme with both employees and employers. They tell employers, "hey pay money and we'll give you top candidates", then serve candidates who have themselves paid for placement.
http://www.pbs.org/newshour/making-sense/ask-the-headhunter-...
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#54Just another reminder to never ever build your company for Wall street. In 2004, Netflix went from 40 to 2 in 6 months. Amazon from 89 to 5. There are entirely zero competitors to Linkedin right now (FB is nowwhere in the space). And while i agree the product has stagnated a bit - this in my view is another example of Wall Street's insanity. (and no, i don't own any shares :)
(and yes, you are dumb :)
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#55Personally, I've found value in it from the potential clients I've received (I'm a contractor) and the ability to look up just about anyone I may need to do business with. I use it professionally to get an overview of others like I use Wikipedia to get an overview of a topic.
I do know they have room to improve. I've been using the service since 2006 and have seen all manner of their silly practices. But as a well-known, professional network with a large userbase, I have yet to find a rivaling alternative.
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#56Re: LinkedIn shares drop 40%, erasing $10B of company's value
#57Sounds like the bubble is bursting. The established companies whose valuation was based on multiples of future growth are taking the hit, getting in line with more traditional multiples of current revenue.
The bubble has been bursting in the last few years (according to commenters) but the overall stocks/valuations were going up.
Re: LinkedIn shares drop 40%, erasing $10B of company's value
#58Re: LinkedIn shares drop 40%, erasing $10B of company's value
#59Re: LinkedIn shares drop 40%, erasing $10B of company's value
#60Sounds like the bubble is bursting. The established companies whose valuation was based on multiples of future growth are taking the hit, getting in line with more traditional multiples of current revenue.