I wrote a quick post about Microsoft and LinkedIN yesterday, and then updated it with a couple of humorous comments. Since then the world has (inevitably) burst forth with a lot of opinions as to what it all means. And of course the stock market reacted accordingly. I too have had time to think and assemble some thoughts.
The immediate comment that has emerged is the age old – ‘Microsoft have a bad history of acquisitions’ – good luck with that.
I touched on it myself (remembering the ghosts of Skype, Yammer and Groove along the way), but went on to remind that the bad history of acquisitions isn’t about the company per se, but about the people that made the decision – and then execute. I wrote; Continue reading →
Microsoft’s track record for acquiring companies and doing great things is not good. But, there is now a new CEO who is clearly far more equipped and definitely more talented than his predecessor – so I have my fingers crossed.
This deals makes a lot of sense, and if nothing else, it will help the 8 people using Windows phones to connect with one another.
… Dave Pell
$26B – about a 50% premium to LinkedIn’s market value. Talk about a pre-emptive bid! LinkedIn is basically the Facebook of the business world. And now it will be the property of the default provider of mediocre software to the business world. What could possibly go wrong?
First published on Beyond Bridges on February 10th, 2016.
Update : February 14th 2016.
Interestingly, a friend and reader of this blog just sent me this link, which is a third party version of the LinkedIN map below. It seems to be limited due to LinkedIN's API constraints, so it can't map more than 499 of your connections. That said, there does seem to be a lot more information and analysis that surrounds the graph. Andy it means YOU can go try it out on your network. Thank you David.
A good friend of mine messaged me through LinkedIN. He is a fast thinking, witty, bright, intelligent, big thinking kind of guy. He’s also interested in his next gig – so let me know if you want an introduction. Anyway, to my point. He had been on my LinkedIN profile and commented;
I think you would be well served to pare that list (of skills I had listed in my summary) to maybe 4-5 distinct and specialized areas where you really shine better than the rest. Things like Leadership, Marketing, Communications are too generic and readily available in the marketplace.
And I agreed. In fact, so much so that I pared it down to zero. My skill list is summarized in another part of the profile anyway. But it got me to thinking.
… well not quite, but still, it makes for an interesting story. The graphic below reveals that the Market Cap losses of THREE SAAS companies last Friday was greater than the entire Market Cap of 15 SAAS leaders. Read the full story on Techcrunch here.
I was trawling my own blog this morning and came across this post, which in turn referenced this post. As I have previously intimated, the prime focus of this blog for me is not (currently) to garner readership, though I am beginning to work up to that. Rather its purpose is to collect my thoughts and ideas in a single space. I use it to practice my writing. To get my rhythm. And. Bit by bit. I am building the courage to promote it more.
So I am constantly surprised to discover that people are actually reading it. At all. I mean, it is there to be read, but I don’t analyze the data to see who is visiting, it isn’t that kind of space. But still, I do get comments and I do pay attention. It’s nice. And to those people. T H A N K Y O U.
What prompts this post is a slightly different thought. I also publish things on LinkedIN from time to time. Again, primarily practice, but things I write are more likely to be seen because of the stream that is embedded in LinkedIN.
Last week I posted this onto LinkedIN. So far, 5 days later, it has received 48 views and 3 likes. Not exactly ground breaking stats, but again, not the point. Separately, behind the scenes, I have received 7 email / LinkedIN messages from people telling me how much they enjoyed the piece, that I should keep my stuff coming, do more etc etc. Not one of those people are one of the three people who liked the post on linkedIN. They liked it enough to write and tell me so, but not one of them elected to like it on the page, nor to share it. I wonder why ?
From my perspective, the personal note to me complement or suggestion for improvement, I find the best. That someone takes the time in their day is sooooo much better than a quick up / down like. I am just wondering what the real difference is here.
Now, I entirely understand that the LinkedIn business model is to sell my CV to recruiters, not give me useful tools to manage my network. I also understand that all the mediocre me-too news-aggregation is a way to try to get me to spend more time on the site, rather than visiting every month or two. But really, it needs to get the basics right. It needs to give me useful tools. Right now it’s a not-very-good CV database with an interface that would be second-rate a decade ago, that I have no reason to stick with if something remotely, you know, useful came along.
So, Reid Hoffman is a genius, with a great vision. I just wish he’d join LinkedIn, and implement some of it.
This is now so bad that the company has announced a ‘Contacts’ app for iPhone – which as far as I can see is simply LinkedIn without all the useless junk that’s been piled on top. What would we say if Google announced a new ‘Search’ app, or Facebook a new ‘share stuff with your friends’ app? Contacts is what LinkedIn IS – it shouldn’t be a side-project.
Barb, then I would suggest that "The Law of Large Numbers" may apply for people who don't know you…that there is some evidence in a large number of endorsements of a particular skill, but much more variability (lack of accuracy) in just a few endorsements. What it depends on, of course, is that there are enough accurate endorsements from enough people who really do know you to create some "accuracy".
… needless to say – it got me to thinking. Overall not a fan of the endorsement gaming that is running through linkedIN these days – but I wonder if Russ has a point. More investigation needed, because I KNOW it is not as simple as that 🙂