After two years, Microsoft still hasn’t delivered on its grand vision for LinkedIn. And it may never do so.
Every time this LinkedIn commercial pops up on YouTube I am reminded of how low the company has fallen to.
High school standard slides, accompanied by stock music purchased from Shutterstock.
How did a company like this managed to sell itself for US$27 billion — at a 50% premium over its last traded share price!
Dumb-ass buyer? Nope, it was Microsoft, under Satya Nadella’s leadership as CEO.
Nadella is credited with turning around Microsoft, after Steve Ballmer’s US$7.9 billion mistake buying Nokia back in September 2013. (The money was pretty much written off by Microsoft in July 2015.)
But did Nadella make the same mistake with LinkedIn, except it would be 3.4x bigger?
