Microsoft just tossed away $26 billion buying linkedin ....

Discussion in 'Wall St. News' started by S2007S, Jun 13, 2016.

  1. S2007S

    S2007S

    So they spent $26 billion to acquire linkedin ....they could have spent those billions elsewhere in a much better way ....they completely overpaid for that company especially offering them close to a 50% premium hahah....if they were smarter they could have waited another few years and picked it up for $3 or 4 billion or maybe even less....linkedin wasn't going anywhere anytime soon...no one was interested in buying them...just another old school tech company trying to look cool and up to date by buying what they think is something extraordinary which is nothing more than another hyped up social networking company ....Microsoft over the past 20 years always seems to be behind the curve in everything they try to achieve in the new updated tech world. Again that $26 billion could have gone to something much more worthwhile than linkedin....




    http://www.cnbc.com/2016/06/13/microsoft-to-buy-linkedin.html
     
    F_488, conduit and marsman like this.
  2. marsman

    marsman

    And Microsoft's developer web site has degenerated to a mobile crap platform....
    MS died. Only themselves don't want believe it...
     
  3. Turveyd

    Turveyd

    Eccckks nuts, especially from history msft will axe all the staff that make it good, turn it into a junk site which everyone will leave.

    Linked in creators will wait out there 2 years no competition then setup an oddly similar business, becoming the last nail in its coffin.

    26BILLION for nothing, i guess 26 BILLION doesnt mean what it does to normal people, ie 1 billion times my current bank account value, almost literally.
     
  4. CBC

    CBC

    Completely agree. They got Skype for a bargain then, for only $1 Bill.
     
  5. S2007S

    S2007S


    Exactly right....that's why it was a poor decision to make this buyout...Microsoft is going to put their personal touch into what they think people will want...I think msft bought them out for the accounts and info that linkedin has ...
     
  6. OptionGuru

    OptionGuru

    They should have bought TWTR



    :)
     
    Chubbly and conduit like this.
  7. S2007S

    S2007S


    In 2011 they paid $8.5 billion for them hahahaha....another worthless acquisition... Does anyone use that? I used it maybe 15 times and haven't used it probably since 2012...
     
  8. d08

    d08

    AOL TimeWarner pt.2
    I can imagine all the corporate yes-men behind this nodding in unison because someone from the top said it's the right move.
     
    der_kommissar and conduit like this.
  9. CBC

    CBC

    $8.5? I read $1 bill. Must have got the report wrong. I just checked then and it was $8.5 Bill

    Still $26 Bill is very steep.

    Do they even make $ outside of advertising?
     
  10. d08

    d08

    "Skype’s traffic was almost 40% the size of the entire conventional international telecom market — that is, for every ten minutes spent making international phone calls on every mobile and landline network in the entire world, four minutes are spent on Skype. The service is gradually eating its industry."
     
    #10     Jun 13, 2016