where were you when linkedin was kill?

>>1079163
WTF, why did it happen?

Yeah yeah yeah, same as Tableau. I still think it'll level off to like 150 by May. LinkedIn is more valuable than typical .com meme shit so I don't think this is a canary in the coalmine.

>>1079167
They released quarterly earnings and their forecast for next quarter is pure garbage.

Amazon and LinkedIn, as seen on The Price is Right:

https://www.youtube.com/watch?v=YHv5jgXz9I8

>>1079167
people are starting to realize that linkdin twitter facebook and netflix are all websites

>>1079172
Facebook has more users and earns more than ever before, so does Amazon and Netflix
so nah m8

>>1079172
how facebook is still one of the highest caps in the market is still completely beyond me.

>inb4 advertising

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>>1079183
>he fell for the 1s and 0s meme

Yesssss. Twitter, linked in, yahoo, gopro.. All these shit tier companies that produce fucking NOTHING getting their clocks cleaned in the market is like poetry. I'd honestly prefer their downfall to sex.

>>1079189
honestly, seeing the stick in a camera meme dying is pretty comforting

All those fucking companies are just pure memes. Its all they are.

>>1079189

I want all of these multi billion meme tech bubble companies that are negative year over year to crash.

I wish I had a dollar for every dumb ass millennial that got trolled into thinking linkedin was going to help them get a job, only to be met with bots and retarded boomers offering them janitor positions.

I was at home on Linkedin when arab stranger msg

"would you like to buy 5,000 iPhone LCD screens, what is your paypal"

"no???????????????"

> linkedin
> worth anything

They spammed me once when I was a freshman in uni. Blocked them and have never given them a second thought.

>>1079189
Why is Google still so good then? I am confused.

>>1079234
because they actually became something more than a search engine

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>>1079232

never knew they even had a stock

>>1079234
>Why is Google around
really nigga?

>>1079234
because google actually isnt a meme fad, and has a good browser and decent email for "free"?

>>1079185
Facebook
USD 300 Billion Market cap.
1 Billion Active users.

Who in their right mind would think 300B for a glorified chatroom is reasonable?
Intelligence services.

Essentially, for USD300, you get access to every single mail, message, contact list, geolocalisation data, picture, and various groups, activities, interests or keystroke that originates from a user's computer or mobile phone. You agreed to it in the terms and conditions.

So the intelligence services have access to all that. Considering the wealth of infomation, 300 dollars/pers is pretty cheap. EXTREMELY cheap.

It's the kind of reach that doesn't violate international law, that gets accross frontiers. Do you understand the implications of it when this appearantly boring 24yo danish law student becomes an important diplomat 15 years from now?
Two decades of history -never to be deleted from the internal database by the way are at the disposure of the NSA if need be. You know which type of women he likes which porn sites he visted when he was bored in the train and checked out in his smartphone etc..

Try and design the perfect spying weapon.

It has to be completely unconspicuous.
Everyone can come into close contact with it.
Can absorb all the information it can get on you.
Can track you, record you, keep tabs, know who you know and when
Spending habits, cultural habits, sexual habits
You have implicit trust
You gave consent to all of the above so it's not even technically illegal
And it can do so for long periods of time

Their meteoric rise is definitely helped and supported by the US gov actively linking them to foreign policy and internal intelligence services.

I'm not saying the us gov is secretly inflating the value of these companies. I'm saying the minute it realized the immense geopolitical advantage of having these companies being american, it did everything to help them develop, passed law friendly to those corps and did everything in its power to see to their success.

>>1079299
https://wikileaks.org/google-is-not-what-it-seems/

http://www.theguardian.com/world/2013/jun/06/us-tech-giants-nsa-data

http://europe.newsweek.com/never-mind-nsa-what-about-google-and-facebook-328604?rm=eu

This isn't some vague, tinfoil hat conspiracy rambling. They have been caught lying, cheating and planning. Senators from differents countries worry about it, journalists and cybersecurity experts worry about it.

But no one fucking cares.

>>1079234

...google literally controls the index of all information. They have the most comprehensive and up to date map system around and it's not close. They control the backend. They control advertising online.

People look at Apple and think they're so strong and infallible. Ever do a spotlight search on an iphone? You're doing a fucking bing search because apple doesn't control shit. Apple maps is a joke. Apple makes its money selling hardware direct to consumers. They're the best in the world at it. But they don't control ANYTHING behind the scenes like Google does.

>>1079299

Twitter falls into the same category

It loses money every single quarter, but it serves as an amazing data mining and propaganda tool for government and businesses.

>>1079299
>>1079307
its not like there is something to do against this...

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>>1079163
>a hundred billion spam generator for morons finally dying

>>1079163

if linkedin goes down waht competitor goes up??

>>1079299
so should I delete my FB so I never have to deal with it again

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>>1079299
>>1079307

>>1079183
>so does Amazon
>still not posting profit
>LOL US COMPANIES, AMIRITE?

>>1079568

In Amazon's defense, they only care about becoming a monopoly. They give zero fucks about profit for the next decade.

>>1079163

Thank God. These cocksuckers have made my job very hard. Wish that website would go the way of the doo doo.

>>1079591
explain

>>1079299
>300 dollars/pers is pretty cheap
You realize that includes all those mud-hut living nobody's in the third world right? You know, the sort of people who make $1 a day and who regularly conflate "the Facebook" with the internet in general?

They will NEVER monetize $300 worth of value out of the average user. Never. I would guess the real advertising and information value of the /average/ user is somewhere around $10 or less, possibly much less.

>>1079669
This is why I thought they'd stay mired in the $20's forever. I missed my chance there, but rode them long $65 to $80, and shorted the fuck out of them recently.

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You know what's it like to work at LNKD? All day long surrounded by poo in loos. The company is 90% shitskin. Owners are Jews

>>1079505
eye contact and a firm handshake

>>1079751
>>1079751
>>1079751
>>1079751
>>1079751

A lot of people hating on LNKD here, but this isn't really company-specific. This is a macro shift. LNKD being down by 40% by only guiding down 8% below estimates is a big warning of how the market is about to treat all bloated growth stocks. In 2013, if they reported the same results, the stock would have been flat or slightly down. It's a major shift in investor sentiment.

Bubble bursts always start in the public markets. Next, VC-backed "unicorns" with ludicrous multiples will soon find themselves unable to raise cash at even half their previous valuations. Then those companies will have to tighten their spending which means layoffs and smaller revenue growth which is a vicious cycle towards even lower valuations, bankruptcies and ultimately a much worse job market for tech workers.

I'm expecting a 30-40% decline in S&P 500, 30% decline in bay area real estate values, 30% of bay area "well-funded" startups going bust, and 25% reduction in market rate pay for software engineers over the next 2 years. Hopefully that will turn out to be a gloomy forecast, but it's best to prepare for the worst.

>>1079234
Google shifted -- it is now an AI company

>>1079192

>stick in a camera

What

>>1079163
tfw I had a turbo short warrant of Linkedin and I sold it like 2 weeks ago

>>1079183
No one uses facebook anymore, sure we check facebbok everyday but can you remember the last ad you saw? Facebook is gona crash within 3 years

Netflix has a 300+ P/E, that worries me a bit.

>>1080200
I would avoid the entire tech sector unless you're running margin for short plays

>>1080087
good post

>>1079234
Because they're one of the leaders in the information war

>>1079163
Oddly enough, I was on LinkedIn.

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>>1079172
Underrated post.

>>1079234
They don't have an insane valuation, I think their price to earnings ratio is still in the twenties. Apple's is even lower, but they have issues of seeming unethical while google has avoided most bad press.

>>1079591
>>1079660
I, too, want to know what job could possibly be affected by LinkedIn.

>>1079234
because they own the index of the internet
because they own the most proliferous mobile phone platform and operating system with the biggest mobile advertising network and the biggest mobile app store

>>1079299
>Do you understand the implications of it when this appearantly boring 24yo danish law student becomes an important diplomat 15 years from now?

Every person that has a quarter of a brain and has the ambition to be a diplomat or any other economic or political personality of importance doesn't use social media, or uses it with extreme prejudice. if you post your drunk photos and shit on facebook, you are too stupid to try achieving that ambition in the first place. the only shit about it is, that you may not have a social media account, but retards you hang out with (especially retards that like to take photos of any shit that is happening at a party, unfortunately I know a lot of those) do post it on their accounts.

>>1079208
>>1079189
>>1079192

You're just salty that your name isn't Zuckerberg or Schmidt or Brin and these guys became billionaires instead of you.
Their sites provide us with indispensable services and that is why their shares are worth every penny.
Digital goods - the best investment of the 21st century.

>>1079208
It's not like the bot thing is new. Any place has recruiters shotgunning janitor jobs at scientists and vice versa.

>>1080087
good post.

I still think LNKD is a stock that will weather this deflating bubble once they start developing valuable marketing products.

I work in biz dev and I basically spend all day on LinkedIn doing market research or reachouts to prospects.

LNKD has the largest, most engaged userbase of affluent people of any destination website in history. However, they have 0 revenue-generating products taking advantage of this.

They should be more valuable than facebook or any other digital communication stock, but their product team is pure shit. A C-level shakeup would spell growth for LNKD

>>1080303
Until someone comes up with something better and you're left with the shit.

>>1080301
this

also, daily reminder that the best way to remain incognito in the internet is to be the most normie motherfucker possible.

>>1080345
doesn't mean there isn't a tech bubble, when do speculators start panic selling and where is the bottom

>>1080417
this is true, I am in the habit of using the same metaphors and phrases and it only takes a few searches to find a string of comments on forums I have made dating back years

Same thing is going to happen to TSLA. Buy tesla puts.

>>1079189
they produce data, actually.

>>1079163
Laughing

>>1079183
>so nah mate

Wow, all this time I thought they were websites.

>>1080328
I think the problem is lnkdn was good at one point and has gone to shit. They got lazy as shit. Craigslist is a better employment resource these days kek.

>>1080423

There was a semi famous youtuber that was outed as a white supremacist because of strings of words, expressions, phrases that he commonly used in the infancy of the internet on message boards.

I like to Google coworkers email addresses. You'd be amazed at the crazy shit you can find that about what sites and forums they have signed up for just off of that.

Always use a new throw away email for every non normie thing you do online and always use the most vanilla and robotic language when typing posts.

Even with 4chan being "anonymous", you can still identify certain people on /biz/ just by looking at the posting styles in the catalog. Now just imagine how much shit Google has on you.

>tech companies are overvalued
That's not a fucking surprised. A lot of these companies are propped by their name only. No one likes using LinkedIn, its a shitty service. Most people don't have one for work. I know people in top tier companies with C-level jobs that don't have a profile on that linkedin. Twitter is dying and their solution to get more people is to add 10,000 character to their tweets. That company is dead on teh water. Facebook is also sinking and your first warning sign was Zuckerberg moving his share of the company to his LLC. He doesn't trust facebook to survive the long game. Google expanded into the physical market and had to create a parent company to avoid legal and tax issues with the government. The tech crash 2.0 is coming. Silicon Valley did lose the trust of their users when the NSA leaks occurred.

>>1080469
There is an issue with 4chan. They can't keep all the threads archive in their servers for more than a year. So this is why you archive those threads people vote to keep. Most threads have been purged from 4chan master servers because you can't keep them all. Plus there is such a thing as losing data to time. There is a good article about a 27 part piece on Pulitzer prize investigate journalist piece that was lost to poorly maintained databases. You'll be surprised how easily data is lost these days because of the poor maintenance of servers. The chances of your search history from 10 years being on file is silm to none. Too much data to keep on file. The NSA does this but they have to spent tens of billions of dollars to maintain those servers and even with maintenance the files can be lost forever. This is why they want your harddrive or data searches as early as they can receive them. Most of your text and phone calls are only keep for a year until they're purged to make room for new data. So if you have done stupid shit, just wait a year. That's usually the amount of time before its purged by an IT administrator or data loss.

>>1080482

There is a guy on /fit/ that posts youtube videos and on other forums.

People found his account on a suicide help forum and posted all the posts he made from 2004 about how he had lots of mental disorders and was hospitalized as a danger to himself and others

That happened last year and those posts were roughly 12 years old.

Data can be lost and deleted, but it's still a safe idea to never post anything online that you don't want to ever be known to the public.

>>1080493
Usually those forums are easier to maintain than other websites. But good rule of thumb is don't post anything that resemble your grammar or vocabulary.

>>1079172
Netflix actually produces though.

They also are comig close to crushing cable.

I really hope more meme stocks come crashing down. Netflix, Facebook, Amazon etc.

buy ethereum nao

>>1080586
this

>>1080586
Ew

>>1079568
Do you think Walmart made profits during their expansionary stage?

Do you think Walmart made a poor strategy in forgoing short-term profits for growth and long-term economies of scale?

>>1080498
My only problem is their content. Now that hulu is ad free i canceled my nf. Hulu also has movie channel subs like showtime too.

Nf needs to step up and increase sub prices so they can have better content.

The only website-based companies worth anything long term are Amazon and Google. Anyone who invested in something dumb like Linkedin or Facebook deserve the huge losses they'll eventually see.

>>1080593
But Netflix has shows you can only get their e.g. house of cards and that was a success. I'm confident Netflix will distinguish itself above competitors.

>>1079163
Venture capital crashed, Wall St is shilling their usual bullshit as they have no data regarding what's going on. Now all the venture capitalists are taking their money through the public markets as the private markets are locked up. It's interesting.

>>1080888
And for those who say:
>b-but surely Wall St knows what's going on, m-muh missed forecast, product a-and global expansion meme

40% in a day can't justify lousy earnings and scaling.

>>1080895
40% in one day means someone or a group of investors agreed to dump the stock. The earning report was known in advanced. This overvaluation of tech companies has been an issue since facebook IPO. My guess is people see something is coming and they're taking their money out of the market.

I can't wait till Netflix starts losing subscribers and see the market react, I know many people in Canada are already switching to Crave and Shomi since Netflix has made it so you can't use proxies.

All these tech stocks are inflated to the point where any bad outlook completely crashes the stock

>>1079750
hahaha. this is actually true

>defending Netflix ITT

You people are clowns. Netflix is cash-flow negative.

I'm buying the dip

>>1081029
>I'm buying the dip
famous last words