I'll be short about this because I have better things to do than devote my time to useless companies who boast a basic website as their main asset. For several years now, LinkedIn has blatantly violated ICANN SPAM laws by allowing its members to send subscription invitations to anyone they choose.
If you are like me, you have received numerous invites from people you do not know. The problem is that it is a violation of federal law to email anyone without their permission, unless you have established some type of business relationship with such an individual.
Even when one of these criteria have been met, you must include an opt out so that the email recipient is able to remove himself off of the email list.
LinkedIn does not offer an opt out. In fact, LinkedIn keeps sending these invites to you with no way to stop the emails.
This annoying, illegal and high-pressure tactic has surely led to millions of subscribers who would have not otherwise subscribed. This should come as no surprise once you check the names of the executives of LinkedIn; Hoffman, Weiner, Henke, Rottenberg.
Allow me to state the obvious. LinkedIn is a garbage business. Short of a miracle, shares will likely trade in the single digits once the social network bubble bursts. Regardless, I wouldn't buy shares of this trash at any price.
See Our Copyright Policy
Copyright © 2008-2013. AVA Investment Analytics, LLC. All Rights Reserved.
Restrictions Against Reproduction: No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the copyright owner and the Publisher.
These articles and commentaries cannot be reposted or used in any publications for which there is any revenue generated directly or indirectly. These articles cannot be used to enhance the viewer appeal of any website, including any ad revenue on the website, other than those sites for which specific written permission has been granted. Any such violations are unlawful and violators will be prosecuted in accordance with these laws.
Article 19 of the United Nations' Universal Declaration of Human Rights:
Everyone has the right to freedom of opinion and expression; this right includes freedom to hold opinions without interference and to seek, receive and impart information and ideas through any media and regardless of frontiers.
Printing Version
More On US Markets