dennisgorelik: (2009)
Dennis Gorelik ([personal profile] dennisgorelik) wrote2016-06-22 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

[identity profile] justy-tylor.livejournal.com 2016-06-22 10:31 pm (UTC)(link)
After IPO it's always the same "bubble business".

[identity profile] justy-tylor.livejournal.com 2016-06-22 11:44 pm (UTC)(link)
Increasing market cap instead of increasing actual profits.

[identity profile] justy-tylor.livejournal.com 2016-06-23 12:27 am (UTC)(link)
Yes. The cash itself is not the market cap.