I strongly believed that LinkedIn was overvalued, but I didn't think it was a basket case.
LinkedIn has loyal users, and it is moderately profitable. It just has to figure out how to best monetize them.
LinkedIn has some potential if it can figure out an effective monetization strategy. People keep coming back to LinkedIn without LinkedIn paying hugely to attract them.
Groupon is highly vulnerable to competition and even now it is very not profitable. Insiders are also cashing out to a huge degree.
I think Groupon is unique in its current position. It is in a much worse position than LinkedIn in my opinion. LinkedIn is a viable business, although it may not grow to be absolutely huge (although it might), but Groupon could easily go to zero and quite quickly.
LinkedIn has loyal users, and it is moderately profitable. It just has to figure out how to best monetize them.
LinkedIn has some potential if it can figure out an effective monetization strategy. People keep coming back to LinkedIn without LinkedIn paying hugely to attract them.
Groupon is highly vulnerable to competition and even now it is very not profitable. Insiders are also cashing out to a huge degree.
I think Groupon is unique in its current position. It is in a much worse position than LinkedIn in my opinion. LinkedIn is a viable business, although it may not grow to be absolutely huge (although it might), but Groupon could easily go to zero and quite quickly.