Why LinkedIn is the Most Well-Positioned Social Network Right Now
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4 hours ago

By Simon Owens 

Snapchat. Meerkat. Periscope. Pinterest. If you scan tech news headlines you’ll notice a certain predilection for the shiny and new, a tendency to cover pre-IPO, still-nascent social platforms that have the potential to capture market share from current stalwarts. We’re constantly treated to ballooning valuations and think pieces about how Company X is attracting a lucrative demographic (usually millennials).

But one of the most well-positioned social media companies with vast potential for growth isn’t shiny or new. In fact, it held its initial public offering in 2011 and launched more than a decade ago. Yes, we’re talking about LinkedIn, the website that, up until recently, you only visited when you were looking for a job. With its $ 2 billion in annual revenue, it would be easy to dismiss LinkedIn as a tiny gnat buzzing around Facebook, which brought in $ 12 billion in 2014 revenue and currently boasts 1.3 billion active users.

But here’s the thing: while LinkedIn has…………… continues on RYOT

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Maybe Bain isn’t as bad as Mitt Romney’s foes said
News from Boston Globe (subscription):

Deval Patrick will work at Bain Capital.

So, Deval Patrick is off to a new job at Bain Capital: venture capitalist with a heart of gold.

How can that be? Bain is bad, at least according to anyone who ever ran for office against its founder, Mitt Romney.

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Yet Patrick, a Democrat who served for eight years as Massachusetts’ governor, has been hired to supposedly direct investments in companies that produce profits by doing good.

That’s quite the image reboot for an investment giant traditionally demonized for generating profits, no matter what the human toll. Bain pours capital into promising startups as well as troubled companies it hopes to turn around. Investors get rich, even w…………… continues on Boston Globe (subscription)

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