I didn’t really want to, I don’t use LinkedIn much, but we are hiring a couple people for the stealth startup I am working on, and I am starting to see traffic to my profile that might be related to job search. And so I am starting to think my profile should look better (thought I haven’t done a thing about), and I considered paying for a higher grade of LinkedIn service so that I could see who was pinging me. But, wow, $240 a year for LinkedIn business service?? That explains their lofty valuation I guess. That is a very rich price to expect of every business professional, the marginal cost to provide the service is effectively $0. I’d worry that this price will drive substitution, it is certainly making me think about that. I need to get a lot more for my $240 than they are offering.
Who else gets $240 a year from business professionals for a software/communications service? When a corporation rolls this up for all their sales and marketing people, how are they going to feel about it? I am sure there is a corporate discount plan tho.