People don't understand LinkedIn (LNKD). In fact, there's a fundamental disconnect between the networking platform's objectives and consumer expectations. In a world of purely rational individuals, LinkedIn clearly provides its members maximum utility (i.e. job offers). And while these offers differ, I can't think of an online platform that yields a better ROI for time spent online.
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How To Land Your Dream Job
Having trouble finding a job? Disappointed with the job you currently have? Feel like you’re destined to doing something else? Well LinkedIn (LNKD) is here to help. Last June, the company rolled out an iOS app specifically tailored to help disgruntled workers land their dream job. Almost a year later, LinkedIn has now released the app for Android users as an entirely redeveloped platform.
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The Social Media Revolution
Over the last six years, companies like Facebook (FB) and Twitter (TWTR) have risen to the forefront of the social media revolution, along with their stock prices. These companies are praised for their seemingly limitless pools of innovation and young talent; yet, what most investors and analysts fail to recognize is that these companies would be seemingly irrelevant if not for the rise of mobile applications.
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That Tinder Hype
In September 2012, six developers pursued an idea for a location-based iOS dating application centered around college students. Not one year later, and Tinder has won TechCrunch’s Crunchie Award for “Best New Startup,” as it soon became a worldwide phenomenon. Even by Silicon Valley standards, such an ascension is seemingly rare.
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Yellen Fails At Social Media
In her semi-annual Congressional testimony, on July 15, Federal Reserve Board Chairwoman Janet Yellen targeted Wall Street hype, and the valuations of social media stocks, claiming that they are “substantially stretched [in price].” Wall Street’s predictable reaction to this statement sent social media stocks tumbling, as investors feared Yellen was implying the formation of an imminent bubble.
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Tinder For Jobs
How many hours have you spent on Tinder aimlessly swiping left and right in an attempt to find your perfect soul mate? Swiping left and right for HOURS until you find that one perfect person; you swipe right hoping that they swipe back so you can start your relationship together. Now imagine an application that will take this whole process… and apply it to jobs.
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The Opportunistic Employee
Finding a job in today’s economy can be difficult, to say the least (unless you’re a high school student). Most industries are far more competitive than they once were, and finding jobs at dream companies, like Google (GOOG) and Facebook (FB), is nearly impossible. In fact, more often than not, new college grads will cling to the first job offer they receive, which is often due to the lack of critical, public information.
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