linkedin buys lynda.com for $1.5 BILLION!
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- dconstrukt
have you guys seen this?
http://techcrunch.com/2015/04/09…
linkedin buys lynda.com for $1.5 BILLION.
I remember back in the day when she started that site.... the books in barnes & noble... and borders and then moving things more to membership site model.
holy fuck thats a LOT of cash.
congrats to them.
I'm still trippin' on how much money they got.
Just goes to show you, we don't need to just design for clients... we can turn our services into products and make bank.
- lvl_131
let's hope they don't fuck it up.
- pango0
Oh they better not fuck it up. I like that place.
- fourth0
damn I hope they don't fuck it up.
Lynda brings back such good memories. Dropping out of college I remember using her books to learn flash, html/css, photoshop, etc. Then later when it switched to the streaming service. I still use it regularly (as recently as yesterday).
- hotroddy0
I hear linked is bigger in Canada thank US?
- I sign in linked in incognito. always. it probably doesn't matter.bklyndroobeki
- hotroddy0
I've been paying $25 monthly for past 6 years
- really?utopian
- :-Obenfal99
- I pay my $25 here and there.pango
- where do you live?bklyndroobeki
- yuekit0
Never saw the appeal of tutorial videos. I'd rather just jump in and start building something, then look stuff up as I go. But some people seem to really love them.
- I look stuff up there. Good for trouble shoot.pango
- I used to see the appeal of it, before youtube was invented.CygnusZero4
- YouTube just has too many bad examples, I'd rather pay a few bucks and know the info was good.formed
- <fadein11
- OSFA0
I agree with most of you. Hope they don't kill it.
- MrAbominable0
Happy for them but that valuation is a joke. What a lotto hit.
- Hmm, not sure I agree with that (have to see the numbers), but it is a profitable business, now some "hope advertising pays for everything" model.formed
- mekk0
^ not at all imho. according to alexa.com, lynda is #1245 of all websites worldwide and #676 in the US.
They have great content and a lot of it. I bet they reach at least 20% of all software users of editing, 3d, programming and so on. That's a fucking lot.
Instagram billions are a joke but lynda.com is really one of the worthiest sites of all.
- demafleez0
"So and so has recommended you for design! Keep your edge up with these classes!"
- pinkfloyd0
They could have gotten 10 billion if Lynda was somewhat attractive.
- formed0
I think this was a very smart purchase. Even though LI's customer supports sucks hard and their policies are questionable (charging for basic searches now), I do think they'll figure it out and they will only grow.
Lynda will add a feature that younger people will pounce on. Look at all those "endorsements" that are mostly meaningless...until you go to hire someone, then you look. Lynda will be the same "completed HTML and advance javascript", etc., will be on people's pages now. That makes the investment in Lynda a very cheap way to get real eyes on any courses you complete.
Let's not forget that its profitable, too. Snapchat and co aren't. They may be the next facebook, or they may evaporate, no one knows. I'd buy Lynda for 1.5 vs. Snapchat for 20b (or WhatsApp). No one knows if the advertising revenue model will last forever.
- utopian1
After 17 Years, 2 Million Subscribers, Lynda.com has $100M in Revenue. How is her company worth 1.5B, that is a retarded evaluation. A typical evaluation for a company (times revenue valuation) is typically 1.5 to 2 times revenue when the company is being acquired. This evaluation is ridiculous on so many levels.
This will come back to haunt Linkedin.