06-16-2016, 03:07 PM
rayray, it depends on your line of business. I use LinkedIn and like the service. Its a great social networking platform for professionals. Ive made a lot of connections and gotten plenty of job opportunities through LinkedIn. I suppose it depends on how you use it. If there ever was a social media for which i would pay to use the service, LinkedIn would be it. Overall, I really like the business model...you have paid services and also advertisements bringing in the revenue. Ive looked at their earnings release statements in the past and a big chunk of their revenue comes from US -- and the international space is starting to grow now.
Having said that, is Microsoft making a good move by buying it? Absolutely not. They claim that this gives them a direct relationship with the enterprise world customers and leverage the CRM aspect. Reading the statements, it seemed like a lot of buzzwords thrown in to sound like they know what they are doing. Like Rasec indicated above -- this can be chalked up as another Nokia.
Cherry on the cake --> they looked at buying LinkedIn for $1.5B back in 2008 and decided that it was not a good fit. 8 years later, they are now paying 17 times that amount. Because, who cares when you can borrow money for almost free.
http://mashable.com/2016/06/13/microsoft....iQHqRnmqb
Having said that, is Microsoft making a good move by buying it? Absolutely not. They claim that this gives them a direct relationship with the enterprise world customers and leverage the CRM aspect. Reading the statements, it seemed like a lot of buzzwords thrown in to sound like they know what they are doing. Like Rasec indicated above -- this can be chalked up as another Nokia.
Cherry on the cake --> they looked at buying LinkedIn for $1.5B back in 2008 and decided that it was not a good fit. 8 years later, they are now paying 17 times that amount. Because, who cares when you can borrow money for almost free.
http://mashable.com/2016/06/13/microsoft....iQHqRnmqb