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"It's one of the most basic rules of growing a company that pursuing short-term gains (1-2 years) with dodgy maneuvers" They're just copying the people in the
by afterburner 13y ago
"It's one of the most basic rules of growing a company that pursuing short-term gains (1-2 years) with dodgy maneuvers"
They're just copying the people in the financial industry. And the people involved made very nice sums of money, so their intelligence was successfully used to their own personal benefit.
Maybe the stock runup has made it such that they think they're just squeezing the last few drops out of this before they fully cash out.
This is pure speculation of course, but I gather this scenario is a risk with any company that has a lot of hype and such employee exit paths.
- wellboy 13y agoGood point, it's probably that no one is there anymore who cares about the long-term mission of Linkedin. Reid Hoffman is rich now anyway why would he care. The reason for that is probably also though that Linkedin is not a passion product. It's not that their employees/founders are super passionate about connecting employees to employers, they are passionate about it making money. It's a bit understandable though, it's not easy to have a really strong passion for Linkedin or its mission.