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LinkedIn CEO gives Apple iPad minis to 3,500 employees

post #1 of 17
Thread Starter 
Jeff Weiner, chief executive at professional networking site LinkedIn, handed out an iPad mini to each of his 3,500 employees on Wednesday in recognition of their contributions to the company.

Weiner iPad
LinkedIn CEO Jeff Weiner addresses employees next to stacks of iPad minis. | Source: TechCrunch


Instead of going with the cheapest $329 16GB model, LinkedIn chose to step up to the $429 32GB version, costing the company some $1.5 million, reports Business Insider.

"We wanted to acknowledge the hard work and accomplishments of all of our employees in 2012," a LinkedIn representative said in a prepared statement. "During today?s biweekly All Hands meeting, we surprised our employees with iPad Minis as a small gesture of the company?s gratitude for their contributions."

In its most recent quarter, LinkedIn raked in revenues of $303.6 million to represent 81 percent growth year-over-year, beating Wall Street expectations by $25 million.
post #2 of 17

The Mini is great! I was forced to buy one yesterday, because I was suffering from iWS. For all the non-medical types out there, that stands for iPad Withdrawal Syndrome.1tongue.gif

 

My girlfriend just went on a trip, and being the nice guy that I am, I let her take the iPad 3, which left me with no iPad at all. After one day of no iPad, I said screw it, and I just went down to the closest Apple store and picked up a Mini. I'm just too used to having an iPad around for certain tasks.

 

I'm used to Retina on the iPad 3, but the iPad Mini isn't bad at all. Sure, you can notice that it's not Retina when using certain apps, but it's a pretty nice screen, and many things do look very good on it. Games are pretty decent on it too. I also like the fact that it's so light.


Edited by Apple ][ - 2/13/13 at 3:00pm
post #3 of 17

nice !

post #4 of 17
Why does LinkedIn need 3,500 employees?
post #5 of 17

It never ceases to amaze me how companies like Linkedin, which on first appearances, don't seem to have a huge revenue generating business model, yet have thousands of employees. Of course I never could see the marketability of Facebook either when it first started to become popular. Their ads seemed really lame, but somehow these free service companies make money, how, I don't understand. I don't think I have ever intentionally clicked on any website ad but apparently a lot of people do.

Life is too short to drink bad coffee.

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post #6 of 17

What he didn't give them Nexus 7's? 1eek.gif

post #7 of 17
Lets assume that LinkedIn really has that many employees. What has that company done to deserve a treat like this anyway? They're a niche fad amongst professionals. There's nothing they offer that couldn't be outdone in a couple more years.
post #8 of 17
Jon Stewart on LinkedIn (can't find video): "I thought [LinkedIn] was an email inbox flooding service whose sole purpose in life was to remind me that a guy I went to high school with would like me to join LinkedIn so I can spam everyone I ever met."

Quote:
Originally Posted by mstone View Post

It never ceases to amaze me how companies like Linkedin, which on first appearances, don't seem to have a huge revenue generating business model, yet have thousands of employees. Of course I never could see the marketability of Facebook either when it first started to become popular. Their ads seemed really lame, but somehow these free service companies make money, how, I don't understand. I don't think I have ever intentionally clicked on any website ad but apparently a lot of people do.

I'm with you there. I've never been able to see* how those business models can work. Twitter only recently started including ads. I have absolutely no idea how their investors thought the company was able to going make them money. Twitter's revenue stream seems to even less capable than FB or LI's. Perhaps it's like Amazon where it's the idea of eventually making profits is more important to investors than a company actually being profitable.


* Me saying I don't understand how they so profitable is not the same as saying they are not profitable or they don't exist.

Quote:
Originally Posted by AjbDtc826 View Post

Lets assume that LinkedIn really has that many employees. What has that company done to deserve a treat like this anyway? They're a niche fad amongst professionals. There's nothing they offer that couldn't be outdone in a couple more years.

iCloud Business?

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"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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post #9 of 17
Must be nice.
post #10 of 17
Oh ppl, LinkedIn has become the defacto hiring tool in our industry in Vancouver here. Everyone who's remotely in a profession related to mobile development is definitely on LinkedIn. If you're not, then you're missing out. The cross-visibility, recommendations, and easy back-filling of who has what skills is what LinkedIn does so well. It's a seriously indispensable tool for recruiting in a hot industry short on available developers.

Seems they have a good quality team, hitting many platforms isn't easy. I guess this says iOS is going to be their best supported platform now.
post #11 of 17

In LinkedIn's case, it's not the visible ads that's making them the most money.  It's the professional recruiting tools that makes their bulk of cash.   Just look at their premium offerings.  Gets pricey fast!

post #12 of 17
Why didn't LinkedIn get Amazon Kindle Fire HD tablets? Amazon claims their cheaper Kindle Fire tablets are just as good as anything Apple makes and the price is so much less. Why did LinkedIn just throw their money away on some over-priced Apple product. It's almost like someone buying a Porsche Carrera GT when they could get the same benefits from owning a less expensive Toyota Matrix.

/s
post #13 of 17
Quote:
Originally Posted by Constable Odo View Post

Why didn't LinkedIn get Amazon Kindle Fire HD tablets? Amazon claims their cheaper Kindle Fire tablets are just as good as anything Apple makes and the price is so much less. Why did LinkedIn just throw their money away on some over-priced Apple product. It's almost like someone buying a Porsche Carrera GT when they could get the same benefits from owning a less expensive Toyota Matrix.

/s

Or the Surface which I hear is great for business professionals and has no compromises.

"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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"The real haunted empire?  It's the New York Times." ~SockRolid

"There is no rule that says the best phones must have the largest screen." ~RoundaboutNow

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post #14 of 17
Quote:
Originally Posted by AjbDtc826 View Post

Lets assume that LinkedIn really has that many employees. What has that company done to deserve a treat like this anyway? 

The company didn't get iPads.

The CEO bought iPads for his employees because he thinks they are doing a bang-up job.

 

In 1996, John Tu and David Sun of Kingston Technology (RAM makers) paid all 550 employees (including the janitors) , a $130,000 bonus each for the year because they made a LOT of money and couldn't have done it without the employees.

post #15 of 17
Is this person feeling well today? Linkedin is not a "niche fad" but an incredibly useful tool to build and maintain a professional network. It is also a much more effective platform for job postings than Monster or Career Builder. Clearly, the 3500 employees are doing something right. Receiving an iPad Mini is a great way to say thank you and build employee loyalty and goodwill.


"Lets assume that LinkedIn really has that many employees. What has that company done to deserve a treat like this anyway? They're a niche fad amongst professionals. There's nothing they offer that couldn't be outdone in a couple more years."
post #16 of 17
Quote:
Originally Posted by SolipsismX View Post

Or the Surface which I hear is great for business professionals and has no compromises.

But the neon pink / neon cyan keyboard just makes people wanna dance with their Surface. Click in.

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post #17 of 17
Quote:
Originally Posted by Rogifan View Post

What he didn't give them Nexus 7's? 1eek.gif

He wants to show his employees that he cares. And that he's not cheap.

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