That probably explains why Linkedin just sold $1 billion worth of shares, for a possible acquisition. They see the threat and need to meet it. The most likely bet is they'll buy out Monster. That would also explain yesterday's jump in MWW price.
Maybe, but Not sure I agree.
What does Monster bring to them, Technology (why pay a $1 Billion for a search technology that can be recreated, and probably not integrated), Candidates (I suspect the candidates are what 80% of what LinkedIn has of Monster candidates), Ad Space (again, very similar target and candidates), Leadership (well we know that answer), Global Reach (have you see LinkedIn Lately), Social Strategy (Does Monster have one, Beknown is rocking), Sales Organization (don't think they have the same models and Monsters is not working well). IMO, I don't see Facebook or LinkedIn touching Monster with a 10 foot pole.
On the Jump yesterday, it is that time of quarter. Sal is out purchasing shares again. They still have that $1 up and $1 down quarterly movement. Not sure I read anything into it, other than more purchasing from Sal. If anything, Sal is trying to figure out how to take Monster private, so he does not have the visibility for the destruction of Monster's sales, brand, etc....
Think a little harder. MWW's enterprise value is only ~ $550M. Add a 10% acquisition premium, take out a major competitor, and put MWW's business model out of its misery. Resulting revenue increase would return acquisition cost in less than two years.
Are they really a competitor? Monster is an after thought now relative to LinkedIn and possibly to Facebook via customers and candidates for that matter. The Analyst and Investors have given them no viability as a competitor for LinkedIn, just based on the stock price. Revenue at Monster is decreasing Y o Y, for years. No social strategy, huge headcount and infrastructure to deal with, bloated management (that add no value), obsolete technology, decreasing unique users.
I hear you, but LinkedIn does not view them as a significant competitor. What was it that Sal said when he had the chance to purchase LinkedIn years ago and when they filed to go Public, they will never amount to any competition for Monster, they do not add value to for candidates and customers.
No way you will collect a 250% premium from today's share price. Remember, the share price only popped to $10.40 last year when the Financial Times published the LNKD rumor to facilitate a shrewd hedge fund's exit from MWW, whose prospects since have dimmed considerably.
i'm hearing from friends inside that all MWW employees are to be present for an "important announcement" regarding a new Monster. more BS from Sal? Another FB app (because Beknown was sooooo successful). Stay tuned
Major layoffs & yet another restructure to stay bankruptcy = likely.
guess what nobody is going to buy us = likely.
we all need to step up and work harder for less (except for me and my close friends) to get through this - once the economy turns around we will dominate = likely.
i admit i'm the worst ceo this company has every had and maybe the worst ceo ever = unlikely but so true.
On social media it says they are closing (didn't use the word relocating) Maynard and Cambridge offices but nothing about new locations. Any news?
Pivot TV, New ways of applying for a job from a corporate site. Who creates this stuff.
Just what I want for my corporate site, the ability to have more unqualified candidates applying to my site. So instead of 100 applies, I get 1000 applies, which means a recruiter or HR have to go thru even more unqualified candidates. Monster, hello, please create the ability to have fewer qualified candidates apply.
Who creates these products, because the surely have never had to wade thru all of the candidates and waste lots of time doing it. Monster Product Marketing = Waste of time and resources.
I heard this too. Only it is supposed to be major. The only thing I know is that my friend was VERY excited. Wouldn't go into specifics. (She Hated beknown by the way). Something is definitely brewing...
Sentiment: Strong Buy
Just another slight of hand magic show by Sal and team. Another chance to 'restructure' another reason for delayed growth - it's a distraction to move that many people. It will really hurt the town of Maynard but it's kind of $hit hole anyway.