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Being that LinkedIn is owned by Microsoft, they are a public company.
by caymanjim 6y ago
Being that LinkedIn is owned by Microsoft, they are a public company.
- motohagiography 6y agoExcept as a product, the company (MSFT) is insulated from their crappy behavior, where if it were a stand alone company, there would be more accountability. Maybe that's a new platform company strategy: build a bunch of low-volatility/low-margin enterprise products for long term revenue generation, then fund a bunch of shadey operations as products to be pools for off-the-books bonuses and incentives.
- caymanjim 6y agoWhen a company like Microsoft buys a company like LinkedIn, they aren't after direct profits. They're buying eyeballs and personal information for ad targeting. Microsoft already got what they wanted out of the purchase. It's the same reason Facebook buys tons of companies that will never directly turn a profit. I agree with your larger point, that LinkedIn isn't really accountable to anyone; the Microsoft shareholders don't care what LinkedIn does.
- mmhsieh 6y agothis could very well be the case. in which case, using oculus as a model -- the company's promises to you as the user are only as good as the last company who acquired them.