Re:LinkedIn Tumbles 30% on Earnings Guidance
by pyrrhotech on Thursday February 04, 2016 @07:57PM
(#11038604)
The company is still valued as if it has a whole lot of "real value"--even after tonight's precipitous decline, it is valued at $17B to be exact. Based on its slowing growth in the 30% range, it no longer deserves a unicorn multiple on its revenue. I think the company provides a useful service and will succeed in the long term, but there are two pieces to investing--company prospects and price. I would only buy under $75 which we may see in a coming bear market.
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Re:LinkedIn Tumbles 30% on Earnings Guidance
by buserror on Friday February 05, 2016 @05:37AM
(#11040625)
Well, I found several jobs using linkedin, so for me, it works. You have to be a bit harsh on accepting links with people you don't know, but I can't complain...
And there's the odd funny joke too -- once I got a job offer for building a supermarket on the south coast. You know, I'm a 'software architect' after all, got to know how to build supermarkets...
(well I did participate in projects that looked a lot like oil refineries, to be fair ;-))