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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
 
 
 
Dennis Gorelikdennisgorelik on June 23rd, 2016 12:26 pm (UTC)
Yes: that's another problem.
There is no good reason for Microsoft to go into job boarding business.

My guess is they think that they would be able to extract huge value from LinkedIn outside of job boarding business.
I think Microsoft is wrong about it.
herve joncour: pic#118432461hervejoncour on June 23rd, 2016 03:04 pm (UTC)
I can't imagine why it has a price tag of 26.2b$. American Airlines has market cap 17.2b$

Anyways, it's someone's else money

Edited at 2016-06-23 03:04 pm (UTC)
Dennis Gorelikdennisgorelik on June 23rd, 2016 08:27 pm (UTC)
> it has a price tag of 26.2b$. American Airlines has market cap 17.2b$

I see no contradiction here.

I fly once every few years.
I use LinkedIn several times per week.
herve joncour: pic#118432461hervejoncour on June 23rd, 2016 08:38 pm (UTC)
Well, I fly about a dozen times a year and use LinkedIn once in 10 years. I guess, I am not a targeted audience.

Why do you use LinkedIn several times a week, if you don't mind?
Dennis Gorelikdennisgorelik on June 23rd, 2016 10:36 pm (UTC)
I'm finding people for my business network on LinkedIn.
I verify/research my new connections on LinkedIn.

Developers are usually afraid of "distracting" emails that LinkedIn sends.

I am not afraid of emails. I am getting hundreds of emails in my email inbox every day.