Comment Re:Another one bites the dust (Score 1) 365
This is one of the stupidest acquisitions I have ever heard of.
Not at all, they get pretty much a real list of millions of people along with some real data..
Is a list of millions of people worth 26 billion dollars?
You could hire an army to scrape a larger list in a short period of time for a fraction of that. Or just purchase a list from someone who already has similar data, such as Microsoft for example.
Maybe they have a plan to monetize it. I can't think of a way to do it without grossly devaluing LinkedIn, but then again I don't have 26 billion dollars.