Microsoft acquires LinkedIn Ponzi company for 26 Billion

[Bitcoinpro]

Link is a mismanaged company at best can't see how it could be

worth anything near 26 Billion maybe some tax incentives

for Msoft in the deal

[NUFCrichard]

It does seem like a lot of money per user, and a lot of money generally.
It makes me worry about what they want to do with the data, I mean they essentially have millions of CVs and careers on there, they could probably sell that data for quite a lot.

[Bitcoinpro]

It does seem like a lot of money per user, and a lot of money generally.
It makes me worry about what they want to do with the data, I mean they essentially have millions of CVs and careers on there, they could probably sell that data for quite a lot.

It's free data and readily available it dosnt add up

but it makes u wonder has LinkedIn spend a lot

of time scooping up data from other sources

or have managed to isolate certain information

to make it more value,

could be LinkedIn stock now held by some big

Hedges Funds gives it a stronk stock price

would make it ideal for tax purposes

[Bitcoinpro]

BB+ corporate rating

5 Billion in cash and investments

mid rated ponzi lol

[clickerz]

I feel LinkIn is overvalued at $26 billion. Even it is profitable but for 26 Billion? Hope its a good buy for microsoft, and will will innovate more re: site. It is useful site for  HR and job seekers too.

[Bitcoinpro]

I feel LinkIn is overvalued at $26 billion. Even it is profitable but for 26 Billion? Hope its a good buy for microsoft, and will will innovate more re: site. It is useful site for  HR and job seekers too.

Company is unprofitable atm why did Microsoft pay so much

the list of better things to buy for 26 Billion not to mention

almost all the Bitcoin u want

[tiggytomb]

It is a lot of money which surprised me when I saw this yesterday.  If it was just the data such as resumes etc they would have been better off buying one of the job sites like Monster.

[ObscureBean]

I seriously doubt Microsoft would've paid 26 Billion on a whim, they've got the money to be able to afford the brightest minds around. I imagine a lot of work and research have gone into this project. Of course that doesn't mean they can't make mistakes, they're definitely taking risks here. You can plan and strategize all you want but in the end it's always up to consumers to decide to play ball.

[jostorres]

I seriously doubt Microsoft would've paid 26 Billion on a whim, they've got the money to be able to afford the brightest minds around. I imagine a lot of work and research have gone into this project. Of course that doesn't mean they can't make mistakes, they're definitely taking risks here. You can plan and strategize all you want but in the end it's always up to consumers to decide to play ball.

Yes, it made me shocked too after seeing such news !
As Its really a big money for such company to buy but I think Microsoft might have big plan for it after acquiring it, lets watch the future of linkedin.