Who Would BEE the Winner in the Microsoft Buyout of LinkedIn?
Microsoft Corp., the U.S’s 25th largest company ($93B revenue), has agreed to buy LinkedIn Corp for a whopping $26.2 billion dollars. This combines the perennial software giant and its cloud services with the world’s largest online professional network and job search site with its 433 million users. It’s Microsoft’s biggest deal ever - by far.
So who would the winner in this mega-deal be?
It’s beBee. And no, I’m not doing and Abbott and Costello routine.
Reid Hoffman, chairman of LinkedIn's board and the company's controlling shareholder, said the deal has his full support.
"I have always had a great admiration for LinkedIn," Microsoft CEO Satya Nadella said in a video on Microsoft's website. "I have been talking with Reid and Jeff for a while ... I have been thinking about this for a long time."
Jeff Weiner will remain chief executive of LinkedIn, reporting to Nadella.
It’s clear this is a friendly takeover. The bigger get bigger, leaving everyone else in the dust - or maybe not. In my article, “LinkedIn's First Competitor? beBee Buzzes into Social Networking,” I outlined in gory detail the myriad of troubles and the fast growing discontent, especially among influencers, with the LinkedIn platform. It’s a driving reason why Madrid-based beBee has attracted more than 10 million users in its first year and has more than doubled its user base in the past six months. And in a short time has driven its U.S. user base to almost 100,000.
From the same Fox Business News article:
Microsoft plans to speed-up monetization of LinkedIn by growing individual and organization subscriptions as well as targeted advertising, it said.
And that means Microsoft is going to work harder to collect more and larger fees from individual users and corporations.
beBee is free and founder, Javier Cãmara has said publicly the plan is for beBee to always remain free to users. It’s a free beBee versus a paid Microsoft owned LinkedIn. Just think back to when Microsoft and its Internet Explorer was dominant and along came Google and its free Chrome browser. That didn’t work out so well for Microsoft now did it?
LinkedIn is already a company which has been accused of being unresponsive to users with extremely poor customer service. Add in 10 weak mobile apps (has Microsoft ever produced a good one?) and a platform that is confusing and still has known bugs. Is Microsoft really going to help with these problems anytime soon?
It will be many months before regulators in the United States, the EU, Canada and other locales will approve this deal to move forward. While they are waiting to cash their checks, it’s unlikely to see much development and improvement at LinkedIn. That merger daze they are already in is likely going to create even more opportunity for beBee to gain users and attention faster.
So the winner of this buyout, without a doubt, is beBee.
Read more of Matt's Articles at MSweetwood.com and subscribe here.
Articles from Matt Sweetwood
View blogIf you do not have a powerful and visible personal brand you are putting yourself at a disadvantage ...
You just broke up from a long term romantic relationship. · You are going through a divorce. · You a ...
An edited version published originally on the Thought Catalog 4/21/17 · I firmly believe that happin ...
Related professionals
You may be interested in these jobs
-
Flexible Winter Schedule
Found in: beBee S2 US - 4 weeks ago
UberEats Weatherford, United States Full timeYour Schedule. Your Goals. Start Delivering with Uber. · What is Uber? · Delivering with Uber is an alternative to a part-time or full-time job and can get you earning cash quickly. Delivering with Uber allows you to earn quick cash while maintaining the flexibility your schedule ...
-
Cloud Engineer with Security Clearance
Found in: Dice One Red US C2 - 3 days ago
SAIC Chantilly, United StatesWe are seeking a highly motivated Cloud Engineer to join a dynamic and mission oriented team. The engineer will conceptualize, develop, and implement complex cloud systems designed to meet client requirements. The primary functions of the candidate will include, but are not limit ...
-
Virtual Speech Therapist Opening
Found in: One Red Cent US C2 - 4 days ago
Bilingual Therapies Burlington, United StatesJob Description · Job DescriptionMinimum 1+ years speech therapy experience required. · Join an innovative team in Vermont, where we are dedicated to providing top-notch education and support to our diverse student population. We are seeking a passionate and experienced Speech Th ...
Comments
Qamar Ali Khan
7 years ago #8
Laurent Boscherini
7 years ago #7
John White, MBA
7 years ago #6
Lisa Gallagher
7 years ago #5
I've heard that Oliver Moloney. I never used XP. Windows 8 was my last experience. Somehow I bypassed XP?
Javier Cámara-Rica 🐝🇪🇸
7 years ago #4
Javier Cámara-Rica 🐝🇪🇸
7 years ago #3
Lisa Gallagher
7 years ago #2
Matt Sweetwood
7 years ago #1