First, I would like to congratulate the employees and executives at LinkedIn. What a tremendous day for your company.
The LinkedIn IPO has and will spark up the debate about an impeding Social Media Bubble. But, if you are involved in the recruiting space in any way, you should be excited about the success of LinkedIn's IPO. We are witnessing the changing of the guard. The big job boards are now definitely looking over their shoulder. I think we have a new 800 Pound Guerilla in town.
Does this change the online recruitment paradigm? I don't think this singular event changes the paradigm. As you may or may not know from my previous blogs, the paradigm began to shift before this historic IPO. LinkedIn has some tremendous recruiting products. I would caution organizations not to put all of their eggs in one basket and rely on one source. This happened with the big job boards in 1999.
This just reinforces the fact that there is a lot going on in the online recruitment marketing space and navigating and executing campaigns to fill the top of the talent pipeline is only going to get more confusing and complicated.
In the tradition of Grandma's Chicken Soup, here are my picks and comments for some interesting LinkedIn articles and perspectives on today's IPO.
LinkedIn's Road to IPO [Infographic] - TNW Social Media http://tnw.co/iKwwMg
A great timeline of how LinkedIn started and has evolved into a profitable business. What's next?
LinkedIn IPO Arrives as Users Log Off - TheStreet http://bit.ly/mH1PEn
I disagree with some of the statements in this article. I definitely feel that LinkedIn is more than a "basic content-generating engine"
LinkedIn IPO: Witness The Recruiting Machine http://bit.ly/kPWWoE
The market and revenue potential for LinkedIn is huge. Recruiters and human capital vendors can all benefit for this successful IPO.
LinkedIn's Wild IPO: Is it Really Worth 5 Times More Than Monster? http://bit.ly/kdOIGu
Time will tell...history may be repeating itself. Will LinkedIn do to Monster what Monster did to the newspapers?
At LinkedIn's Valuation, Apple Would Be Worth $3 Trillion - Deal Journal - WSJ http://on.wsj.com/l86mRr
To be honest, my head is still spinning with today's valuation. The numbers are mind numbing.
If you agree or disagree with any of my comments, please let me know. If I missed any great articles, please send them along. Feel free to email me. You can reach me here: scott.ryan@hireclix.com
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