![]() Hired - which has raised a whopping $132.7 million since it was founded in 2012 - flips the traditional model of online recruiting on its side. ![]() Microsoft does not report whether LinkedIn is profitable but unless it enables Microsoft to sell more software than it could before, it remains hard to justify the nine times sales that Microsoft paid for LinkedIn in 2016. ![]() What's more, LinkedIn was growing at 36% before Microsoft acquired it, so its 37% increase in the most recent quarter does not warrant any standing ovations. LinkedIn revenue grew faster - up 37% to almost $1.1 billion - but it constituted a mere 4% of Microsoft's total revenue. ![]() Before getting into that, let's take a look at LinkedIn's performance since it became part of Microsoft. According to its 2018 fourth quarter report, Microsoft reported revenue of $30.1 billion and $8.9 billion in net income, up 17% and 35% respectively. ![]()
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