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I'm not so bearish on LinkedIn. It serves a few useful purposes: 1 - Before any meeting I look to see if there's something I share in common (person, interest
by mathattack 11y ago
I'm not so bearish on LinkedIn.
It serves a few useful purposes:
1 - Before any meeting I look to see if there's something I share in common (person, interest, job, etc) with the other person. This was especially important when I was in Sales.
2 - When I was job hunting, I did a lot of "Look up the job, then see if I knew someone who knew someone at the company" that would've been impossible without it.
3 - I use it for recruiting. The response rate is very low when HR uses it, but as the hiring manager it isn't too bad.
LinkedIn has the highest value users of any service - professionals making good money. If they can figure out good ways to monetize it, they'll blow through their current valuation issues.
- qaq 11y agoYou are not so bearish as a user, are you planing to invest though even at current valuation?
- mathattack 11y agoGood question. If I actively invested in individual tech stocks, I probably would. But that's a big if. :-) For now I'm talking like a researcher rather than a trader. My investing strategy has been to invest in large indexes with low expense ratios. For diversification against my human capital, I slightly lean against tech (S&P over Nasdaq) and for personal reasons I try to get some overseas exposure.
- pfarnsworth 11y agoI did at $103 through options and am currently up 45%.