Playing Musical Chairs With LinkedIn

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Ryan Chittum highlights an odd warning from LinkedIn management in a recent SEC filing:

It also warned investors, in its recent filing, that it expected its revenue growth to slow as costs increased. It said it did not expect to be profitable in 2011.

Huh? When costs increase your profitability might suffer, but there’s no reason that rising costs should affect your sales figures. This really makes no sense. But perhaps it explains why the same folks who blew up the housing bubble are madly blowing up a LinkedIn bubble right now. They know it’s all rubbish, but they’re just hoping to get out before the music stops, leaving suckers like you and me holding the bag. It worked pretty well before, after all.

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This is a big one for us. So, as we ask you to consider supporting our team's journalism, we thought we'd slow down and check in about where Mother Jones is and where we're going after the chaotic last several years. This comparatively slow moment is also an urgent one for Mother Jones: You can read more in "Slow News Is Good News," and if you're able to, please support our team's hard-hitting journalism and help us reach our big $350,000 goal with a donation today.

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