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22 June 2016 @ 06:18 pm
Microsoft buys LinkedIn for $26.2B  
That was unexpected and I even thought it is a joke. But it is not a joke.

Why would Microsoft buy the largest job board?
Microsoft is in a different business.


Responses:
1) What a terrible time to be burning that much cash, just before the next recession, and on a resume site. I was starting to see some good things coming from Microsoft but this makes me shake my head and question leadership big time.

2) I suspect major LinkedIn investors shopped around the company and financial-engineered a sophisticated kickback
 
 
 
Валерий Крылов: flowjusty_tylor on June 23rd, 2016 12:27 am (UTC)
Yes. The cash itself is not the market cap.