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by codegeek
3395 days ago
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To be honest, if I was the CEO of Linkedin, I will be happy overall. Here is why. The stock IPO'ed at $45 and it is sitting at $190 today. So I will say that it is going well. Who cares about those stupid users, eh ? Remember, the primary goal of any for profit company is to make profit for their shareholders, period. Everything else is a side effect. Now, if I was the actual user of linkedin, we are talking a whole different situation. |
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I couldn't agree more.
But they haven't turned a profit since 2013.
What's even more annoying is that it took me 10 minutes of googling to figure out what their annual net results are. Revenue shows up as the first result on google, but if you want to see the net result, you actually have to look through their quarterly reports.