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LinkedIn to Buy Online Education Site Lynda.com for $1.5B

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Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#81

Congratulations Lynda.com! Story time. When I was in high school, I worked in a little computer lab in my small hometown of Ojai, California, that taught classes in Photoshop, Fireworks, web design and development, Flash, and more. That little technology education company was just called "Lynda," and classes were taught directly by Lynda Weinman, Bruce Heavin, and others. There were maybe ten or twelve employees. I l…

I remember reading her "creative html design" book back about 20 years ago (it was from 1997); that book was a work of art. The techniques may have changed somewhat but the sites in there would likely be acceptable today I suspect (which either shows how little progress we have made, or how well the book was written!)

That was a very inspiring book. She was a pioneer in the field of web design and it's great to see their success. I'm a long time Lynda.com member and I hope they continue to produce the same quality courses going forward.

Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#82
post #63

Earlier quoted context omitted.

Lynda will miss us all. I deleted my LinkedIn account because it's not useful for computer science fields (I think). I didn't want spam anymore. I won't continue for long with them.

I completely agree. I may delete mine as well. There is so much spam lately!

I've been meaning to delete mine, I'll get around to doing that today. LinkedIn, more than any large online service I know, is due for replacement.

Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#83
post #26
post #16

As an outsider looking in, LinkedIn's purchase of Lynda.com looks like an odd duck in comparison to their previous acquisitions[1]. As far as I can tell, the Lynda.com brand name isn't that well known outside of tech circles. (Virtually all of their courses are Adobe, Microsoft Office, and web development, etc) I'm guessing those computer courses are relevant to less than 5% of LinkedIn's user base. It was very recen…

How can their technology possibly be worth $1.5B?

It's only 15 times trailing revenue (and 48% of it is paid in stock). Assuming they are showing decent growth, that's not such a big premium.

They are being bought for their customers (and probably somewhat their library), not their technology.

Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#84

This, to me, is terrible news. I am a big fan of Lynda.com. They've always had a great library (both for tech' stuff but are also one of few sites that offer non-tech video training (business courses, photography, etc) and their prices were always very reasonable. LinkedIn can only make the site worse as far as I am concerned, and I already avoid LinkedIn due to the fact that they've essentially become spammers who w…

Every time an announcement like this is made, there is premature mourning. I understand skepticism, but what's the point in saying goodbye before anything has even changed?

Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#85
post #4
post #2

No idea on valuations on this but seems kinda crazy to pay so much when all of the various free MOOC offerings seem to be getting better and better. Realize there's a difference motivation-wise when you actually have to pay and that "learn how to do x" vs "learn about the subject x is under" has value but don't know if $1.5bn is that difference. I see great value for Linkedin users if there's some "official" certific…

The Lynda.com courses aren't like MOOCs. They're not classes on theory, but rather condensed practical things, to get you up and running quickly. They're really aimed at working people catching up on new tech/learning the bases of new skills. I do recommend the service if you want to figure out how to get started quickly with things like final cut or whatnot. It's realllly high quality stuff condensed into 2h or so

I realize what Lynda courses are like and have done some in the past which is why I mentioned the "learn how to do x" concept in my post. Other non-traditional MOOC services offered by non-college institutions have a lot of programs mirroring or closely resembling the Lynda approach. There's also zero reason why Coursera and the like would not be able to pivot into this area.

Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#86
Linda.com is one of those rare companies that has tempered assaults on their business model from every flank by sticking to what they do best and have somehow managed to come out shining.

Seriously, these guys were founded in 1995, they've been through all of the web turmoil and still managed to improve their technology offerings and stay relevant. Not sure what this acquisition means, but I hope things don't change much.

Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#87
post #86

Linda.com is one of those rare companies that has tempered assaults on their business model from every flank by sticking to what they do best and have somehow managed to come out shining. Seriously, these guys were founded in 1995, they've been through all of the web turmoil and still managed to improve their technology offerings and stay relevant. Not sure what this acquisition means, but I hope things don't change…

*Lynda.com

Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#88
post #71

A wonder if it's a coincidence that the latest video published today is: Up and Running with LinkedIn. Seriously, as a long time Lynda.com subscriber, I've noticed a steady increase in the volume of courses in the "business" category. As a designer/developer, I find some of the business videos quite interesting and a nice expansion beyond their core design-centric courses. I definitely see the synergies, but am a bit…

Same. I was just looking at the new courses last night on Lynda...all business-oriented. I left the site with relief that I had canceled my membership. With the acquisition news this morning I see now why new developer courses have been lacking.

Re: LinkedIn to Buy Online Education Site Lynda.com for $1.5B

#89
post #77
post #15

Daphne Koller must be happy today, this is a huge validation for Coursera business model.

> Daphne Koller must be happy today, this is a huge validation for Coursera business model. makes no sense. It would be like saying Facebook success validates Twitter business model, just because they are both social networks. Lynda doesn't issue certificates if you complete their courses. And AFAIK they don't work directly with universities or colleges. Coursera content is academic, while Lynda.com is practical and…

From a business standpoint it makes total sense. Investors see Coursera and Lynda as being in the same or similar market so Lynda getting bought helps them clarify the valuation of Coursera if its for sale.

If Coursera has taken investment money then it is for sale.

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