People don't understand LinkedIn (LNKD). In fact, there's a fundamental disconnect between the networking platform's objectives and consumer expectations. In a world of purely rational individuals, LinkedIn clearly provides its members maximum utility (i.e. job offers). And while these offers differ, I can't think of an online platform that yields a better ROI for time spent online.
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Your Net Worth Is Falling, Here's How To Fix It
Let's start with a very basic question: like most Millennials, is the entirety of your wealth held in a checking or savings account? If so, do you know the APY associated with your savings account? Is your annual percentage yield lower than inflation? Do you even know what I'm talking about...?
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You're Missing Out On $100,000s
Wealthfront, the Silicon Valley’s premier automated investing service, recently announced its decision to lower the minimum initial deposit requirement from $5,000 to $500, thereby giving younger individuals the ability to invest in an incredible product. For those unfamiliar with Wealthfront, it is a “robo-advisor” service that automatically allocates deposits into a diversified ETF (Exchange-Traded Fund) portfolio.
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Goldberg's SurveyMonkey Legacy
SurveyMonkey CEO Dave Goldberg unexpectedly passed away late Friday night due to head trauma from an exercise accident in Mexico. Goldberg was not just one of the most popular CEOs in the Silicon Valley, but he was also one of the most successful. Goldberg was married to Facebook (FB) COO Sheryl Sandberg and was just 47 years old at his time of passing.
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$2.8 Billion In One Year
Slack, a relatively new messaging and communications application, specifically aimed at increasing business efficiency, has announced that it recently raised $160 million in new funding at a valuation of $2.8 billion. Its investors include big VC names like Accel Partners, Andreessen Horowitz, Kleiner Perkins, and Google Ventures. To date, Slack has raised $340 million of working capital to fund expansionary business strategies.
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How To Land Your Dream Job
Having trouble finding a job? Disappointed with the job you currently have? Feel like you’re destined to doing something else? Well LinkedIn (LNKD) is here to help. Last June, the company rolled out an iOS app specifically tailored to help disgruntled workers land their dream job. Almost a year later, LinkedIn has now released the app for Android users as an entirely redeveloped platform.
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Buffett's $200,000 Stock
Just weeks ago, on August 14, Class A shares of American conglomerate Berkshire Hathaway (BRK-A) surpassed $200,000. Yes, you read that right, $200,000: making Berkshire Hathaway the single most expensive stock traded on U.S. markets. The current price of these Class A shares alone is impressive; however, when you consider that in 1967 the company traded at $33 per share, this milestone is downright insane.
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