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by chipotle_coyote
2167 days ago
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It's weird to mount a mild defense of LinkedIn, which I don't really like much, but I think you're making a slight category error by tacitly lumping it in with other social networks. LinkedIn's value proposition has always been "getting jobs is mostly about professional contacts and we're going to help you build professional contacts," and it makes the bulk of its revenue by selling its recruiting tools and, to a lesser degree, its premium services for job hunters. The most recent figures I've found suggest it makes less than 20% of its revenue from ads. I actually susect LinkedIn would not continue to exist if it provided no "social capital" whatsoever, because their business model really isn't "get ads in front of eyeballs." It's "get job prospects in front of eyeballs." Having said all that, I wouldn't want to use it as an identity provider. :) |
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