2 ms·
Okay. You have the right to think in any way you want. But LinkedIn cannot change their model overnight, it has a stable business and income. Yes, they have man
by berkimbayev 3y ago
Okay. You have the right to think in any way you want. But LinkedIn cannot change their model overnight, it has a stable business and income. Yes, they have many smart people, managers and engineers, and expert shareholders - but their goal is to keep the status quo. That's the problem with large stable businesses. And that's why we always have disruptive startups - that change the status quo and shake the whole market. Apple did this with the iPhone, when many people said buttons would stay forever. LinkedIn has a small number of active users, because they have expensive subscriptions. That's the point. Nobody is interested to use the product that doesn't provide value. The marketplace model would allow users to earn from their profiles, increasing the activity 10x times, increasing the overall revenue. This is how AirBnB works. This is how Amazon works. This is how AppStore works. You can always make basic open profiles with basic info. But if you want to get detailed info, contact the person, chat, interview, sell something - then pay. This is the merketplace model. The entire point of my entry is to describe this model to smart doers, who will take this idea and build the next billion-dollar business.
- dangus 3y agoSounds like there’s a huge opportunity then, maybe you or someone else will be breaking into this space soon. I’m skeptical because nobody has tried your idea and there’s been no real barrier for implementing your idea. > but their goal is to keep the status quo No, the goal of a company leader is to maximize profit. Microsoft themselves flipped their entire business model away from being Windows-centric to maximize profit. Imagine 1999 Microsoft letting you install Linux on Windows or run Linux servers in their data center because it had profit potential that Windows could ever achieve. Azure was a huge shift for Microsoft. They would do the same for LinkedIn if they saw the potential to quadruple revenue like you claim.