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Microsoft to acquire LinkedIn for $26.2 billion.

Posted on 6/13/16 at 7:56 am
Posted by Cs
Member since Aug 2008
10464 posts
Posted on 6/13/16 at 7:56 am
quote:

Microsoft is announcing today that it plans to acquire LinkedIn for $26.2 billion. Microsoft’s deal to acquire the work-focused social networking giant is an all-cash transaction, and it will value LinkedIn’s shares at $196 each. Microsoft says LinkedIn will retain its own brand and independence, and existing CEO Jeff Weiner will remain and report directly to Satya Nadella.



LINK
Posted by BeachDude022
Premium Elite Platinum TD Member
Member since Dec 2006
34789 posts
Posted on 6/13/16 at 7:58 am to
Waste of money. LinkedIn is such crap. I don't know anyone that actually uses it to network or keep up on current trends.
Posted by CHEDBALLZ
South Central LA
Member since Dec 2009
21909 posts
Posted on 6/13/16 at 7:58 am to
LinkedIn is difficult at best to navigate and is becoming more like facebook.
Posted by Hoyt
Alabama: The Beautiful
Member since Aug 2011
5394 posts
Posted on 6/13/16 at 7:58 am to
I guess we don't have Money Talk anymore?
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 6/13/16 at 7:58 am to
I think it's a worthless site but apparently a lot of companies use it for recruiting.
Posted by lynxcat
Member since Jan 2008
24121 posts
Posted on 6/13/16 at 8:02 am to
LinkedIn is amazing for recruiting. The news feed is crap though.
Posted by MontyFranklyn
T-Town
Member since Jan 2012
23830 posts
Posted on 6/13/16 at 8:02 am to
quote:

I think it's a worthless site but apparently a lot of companies use it for recruiting.
Yea this. I can see the potential of how it will become far more useful in the future with some changes here and there. With a lot companies, big and small, using it, it will continue to increase in value for job seekers.
Posted by diat150
Louisiana
Member since Jun 2005
43463 posts
Posted on 6/13/16 at 8:03 am to
Id say having a database of where everyone works and the people they know would be pretty valuable.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167090 posts
Posted on 6/13/16 at 8:05 am to
quote:

I guess we don't have Money Talk anymore?




Why click on a thread just to bitch?

Not everyone reads money talk and the OT is for a variety of topics.

On topic: The only reason I use LinkdIn is to find other people and news about my industry through the groups feature. It works for that but the newsfeed is very Facebook like and useless.

Posted by Kujo
225-911-5736
Member since Dec 2015
6015 posts
Posted on 6/13/16 at 8:11 am to
quote:

LinkedIn is for people with no social life and have to rely on career accomplishments to try to overcome insecurities and prove self worth


can't wait to sign up....finally!
Posted by notiger1997
Metairie
Member since May 2009
58089 posts
Posted on 6/13/16 at 8:19 am to
I've only had an account for about a year and it's been a waste of time. I work in contracts and procurement for a major company and about 90% of the people that have tried to "connect" with me are just sales people trying to hunt me down for possible business.
I guess it could work for those who like it as a recruiting tool.
Posted by LSU-MNCBABY
Knightsgate
Member since Jan 2004
24336 posts
Posted on 6/13/16 at 8:23 am to
quote:

having a database of where everyone works and the people they know would be pretty valuable.



This is undoubtably where most of its value is derived from.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 6/13/16 at 8:34 am to
quote:

Waste of money. LinkedIn is such crap. I don't know anyone that actually uses it to network or keep up on current trends.




Damn, I'm sure Microsoft never considered that. They really should have consulted Beachdude022 on tigerdroppings before making this $26 billion purchase.
Posted by CHEDBALLZ
South Central LA
Member since Dec 2009
21909 posts
Posted on 6/13/16 at 8:35 am to
I did get a job offer from LinkedIn but I would have to move to Atlanta and they wanted to pay me less than what I'm making on a contract basis.
Posted by jdd48
Baton Rouge
Member since Jan 2012
22059 posts
Posted on 6/13/16 at 8:36 am to
Another site/service to be turned to shite by the MS machine.
Posted by PacLSU
I have been a
Member since Sep 2003
3630 posts
Posted on 6/13/16 at 8:40 am to
quote:


Waste of money. LinkedIn is such crap. I don't know anyone that actually uses it to network or keep up on current trends.


That probably says more about the people you know than it does about LinkedIn.
Posted by Freauxzen
Utah
Member since Feb 2006
37241 posts
Posted on 6/13/16 at 8:47 am to
quote:

On topic: The only reason I use LinkdIn is to find other people and news about my industry through the groups feature. It works for that but the newsfeed is very Facebook like and useless.





I'd agree with this. I'd also say it's industry specific. Some industries love it, others not so much.

Also, I'd say that if LinkedIn is good for recruiters, which is a huge value, then it's also more useful looking to be recruited. I admit, it doesn't live up to its potential at all. But I've built good connections, and had some decent job offers through it.

Like any tool, if you know how to use it well, it can work. It you don't, then you think it sucks.
Posted by jb4
Member since Apr 2013
12640 posts
Posted on 6/13/16 at 8:51 am to
The tech bubble is huge and getting bigger
Posted by GenesChin
The Promise Land
Member since Feb 2012
37706 posts
Posted on 6/13/16 at 8:55 am to
quote:


I think it's a worthless site but apparently a lot of companies use it for recruiting.


It is a glorified job search and recruitment website with terrible functionality
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 6/13/16 at 8:56 am to
The "recruiting" seems like a crapshoot. I have friends who've gotten mid-six figure jobs from people finding them on LinkedIn, and others who've heard nothing in similar fields. I keep mine updated just so my CV can be found online in the event I apply for a job. But I don't treat it like Facebook and add every joker from high school now selling bullshite.
This post was edited on 6/13/16 at 10:35 pm
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