Aug
10

In Buying LinkedIn, Microsoft Might Pay Heed to Monster

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Microsoft has just been given a big warning about its $26 billion deal forLinkedIn, the professional social-networking site. The software giant’s June bid already looked pricey, but the fate of an erstwhile LinkedIn competitor offers a cautionary tale of how bad things could get.

Monster Worldwide, the job-listing board, was once worth some $8 billion — until LinkedIn crushed it. On Tuesday it was sold to a Dutch rival for $429 million, and that includes debt. A similar chimera could be lurking in Redmond, Wash…

In Buying LinkedIn, Microsoft Might Pay Heed to Monster

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