LinkedIn for Business

[vc_row][vc_column][vc_empty_space][vc_column_text]Inland Empire, CA, February 6, 2019. Our Account Executive, Charlotte Augenstein, led a workshop on “LinkedIn and Microsoft Products”in cooperation with Inland Empire Regional Chamber of Commerce. Charlotte is a certified LinkedIn & Microsoft instructor.

LinkedIn is more than just social media it allows to showcase your own brand or your companies brand, helps recruiters find talent and helps those looking for a job the opportunity to showcase their talent with their online resume as well as search for job openings.

The attendees were extremely happy with Charlotte's workshop, as you can see below:

"#Kudos Thank you for your #GreatPresentation"

"You're doing a FABULOUS job Charlotte Augenstein! Thank you for sharing your expertise for our Linkedin Lunch 'N Learn 2.0."

"Came in thinking I knew everything about LinkedIn, came out thinking I haven’t really used it."

"Wow you did a great job!"

Charlotte also presented the productivity features of Microsoft products such as Office 365, Microsoft Teams and Skype for Business that help businesses improve the productivity of their employees by enabling easy, real time and secure collaboration and thus lowering the costs.[/vc_column_text][/vc_column][/vc_row]

New Microsoft tools integrate LinkedIn data directly into Dynamics 365

LinkedIn with Dynamics 365 - Managed Solution

New Microsoft tools integrate LinkedIn data directly into Dynamics 365

By Ron Miller as written on techcrunch.com
Microsoft announced some significant integrations between LinkedIn, the professional social network it bought last year for over $26 billion and Microsoft Dynamics 365, the company’s CRM and ERP suite.
It was clear that when Microsoft paid that much money for LinkedIn, it had plans to use that data in other Microsoft products. Those ideas began to emerge last summer with some Office 365 integration announcements, but now we are starting to see some direct links (if you’ll pardon the expression) to try and leverage LinkedIn as a kind of lead generation and recruitment engine for Microsoft’s enterprise products.
The announcement includes two major pieces. First of all, the company is linking Dynamics 365 and the LinkedIn Sales Navigator tool to give sales people access to its database of 500 million users.
Microsoft is also announcing a tool for HR pros called Dynamics 365 for Talent, which gives Dynamics 365 ERP users, the ability to search for new talent directly from LinkedIn’s Recruiter and Learning solutions, and manage employees from recruitment throughout their time with company.
Microsoft’s Scott Guthrie, executive vice president for the Cloud and Enterprise Group at Microsoft points out in a blog post announcing the new integrations that there are already connections between Dynamics 365 and Office 365 products. The next logical step it would seem would be to build similar connections to LinkedIn, especially for sales. “Sales Navigator with Dynamics 365 will dramatically increase the effectiveness of salespeople by tapping into their professional networks and relationships, giving them the ability to improve their pipeline…,” Guthrie wrote.
Ray Wang, founder and principal analyst at Constellation Research says this opens the door to social selling where you can track connections between people at your company and the target company. He offers an example to illustrate the concept:
“How do you find out who knows whom inside a company? Traverse your Office 365 data, your [Dynamics 365] CRM database and your LinkedIn Sales Navigator, and you realize Joe and Abdul have known each other since university days. Let’s put Abdul on the sales call,” Wang explained.
He says this solves a long-known problem where companies were trying to kludge together solutions to make these different technologies work together. Now, Microsoft is doing it for them.
“Microsoft has been focused on integrating its acquisitions and the LinkedIn to Dynamics 365 [to] Office 365 is the latest [iteration]. Customers already use these three products in disparate fashion spending time doing arm chair integration. What they’ve been looking for is the ability to take the data and insights in these three products and put them to work,” he said. This announcement should give them that.
Certainly finding talent and recruiting has also been a major use case for LinkedIn well before Microsoft bought the company, and the new Talent tool is about providing a direct integration with Microsoft’s HR management functionality in Dynamics 365. The new tool provides the ability for HR to source, recruit, onboard and retain employees while taking advantage of the data and tools inside LinkedIn, according the blog post.
Brent Leary, a partner at CRM Essentials sees this integration as a starting point that could become more automated down the road. “I think generally this is a good first step in bringing LinkedIn and Dynamics 365 together and it hints at the potential LinkedIn-Dynamics 365-artificial intelligence has for sales folks looking for automated relationship insights,” Leary told TechCrunch.
Both of these solutions will be available in July.

Microsoft officially closes its $26.2B acquisition of LinkedIn

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Microsoft officially closes its $26.2B acquisition of LinkedIn

By Ingrid Lunden as written on TechCrunch.com
After getting its final European Commission approvals earlier this week, Microsoft and LinkedIn today announced that Microsoft’s $26.2 billion acquisition of LinkedIn, the social networking site, has officially closed.
The news comes six months after news first broke of the deal.
In an internal memo, LinkedIn CEO Jeff Weiner went through the areas where the two companies would be working together, and how they will in other ways remain independent. That memo is copied below.
LinkedIn today has over 400 million registered users, making it the largest social networking site focused on the working world. People use the service both to make work connections with other people in their fields, but also to look for jobs and hire people. As we reported earlier this week, the fact that LinkedIn essentially has a dominant position in this area meant that Microsoft had to make concessions to the EC about how it would work to allow other social networking sites to integrate on its platforms.
The fact that these concessions had to be made speaks a little to what Microsoft’s intentions might be with LinkedIn. It seems like one key area for Microsoft will be to upsell those using LinkedIn to recruit, to then buy into Microsoft’s software in areas like HR and sales to extend that functionality.
Microsoft has up to now not really been a significant player in open-ended social networking, although with products like Yammer and Skype it’s clearly put a lot of investment into the kinds of collaboration products that are in demand from enterprises and business users today. It will be interesting to see how and if it tries to marry these two sides of enterprise-focused social networking down the line.
LinkedIn CEO Jeff Weiner:
Six months ago, we announced our intention to be acquired by Microsoft. At the time, Satya and I shared the background of the deal and our joint vision for changing the way the world works. Today I’m pleased to announce that we’ve just officially closed the acquisition. I’m more confident than ever that our move to join forces with Microsoft will accelerate our mission to connect the world’s professionals to make them more productive and successful, and ultimately help create economic opportunity for every member of the global workforce.
Over the past few months, the LinkedIn and Microsoft leadership teams have been meeting to understand and prioritize the opportunities ahead. We’ve been able to see first-hand the level of innovation being driven at scale — in artificial intelligence, machine learning, the cloud, devices, and more. We’ve also had the chance to build a deeper relationship with Satya and the Microsoft leadership team, and to witness the strategic and cultural shifts they are driving, and the impressive traction they are seeing as a result.
As we move forward, our day-to-day operations will essentially remain unchanged: We’ll continue to have the same mission and vision, the same culture and values, the same brand, and the same leadership team.
Our members still come first. Our commitment to privacy and security will not change. And our partners are still core to our business. We’ll continue to remain focused on growing LinkedIn and creating value for our members and customers. Over the coming months we’ll start sharing more about how we’re integrating products, especially in areas where we can leverage Microsoft’s scale, e.g.,
  • LinkedIn identity and network in Microsoft Outlook and the Office suite
  • LinkedIn notifications within the Windows action center
  • Enabling members drafting résumés in Word to update their profiles, and discover and apply to jobs on LinkedIn
  • Extending the reach of Sponsored Content across Microsoft properties
  • Enterprise LinkedIn Lookup powered by Active Directory and Office 365
  • LinkedIn Learning available across the Office 365 and Windows ecosystem
  • Developing a business news desk across our content ecosystem and MSN.com
  • Redefining social selling through the combination of Sales Navigator and Dynamics 365
Getting to this point wouldn’t have been possible without the teams who have been working tirelessly on the close since we announced the deal in June. I’d like to thank them for all they’ve done to set us up for success as we begin our next chapter.

FullContact raises $25M more to take on LinkedIn in contact management

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FullContact raises $25M more to take on LinkedIn in contact management

By Ingrid Lunden as written on techcrunch.com
As LinkedIn inches closer to completing its $26 billion acquisition by Microsoft, smaller rivals have stepped up their game building viable alternatives for those who might want more independent products when it comes to managing contacts in their professional networks. FullContact — one such competitor — has now raised a further $25 million.
The funding brings the total raised by Denver-based FullContact to just under $45 million. Lorang said the company is not disclosing its valuation.
The big elephant in the room for FullContact is LinkedIn. Fast approaching 450 million users, the company is one of the bigger players in the area of online professional identity and has become the go-to place for people looking to connect with people in their professional networks. On its own it was already a competitive threat, and its acquisition by Microsoft may be even more so, as it speaks to the bigger company’s ambitions to leverage LinkedIn’s social networking in its own enterprise-focused products, from sales through to productivity services.
But rather than wilting under the obvious challenges that this poses to FullContact and others in the space, FullContact’s co-founder and CEO Bart Lorang has a more constructive view on the deal and what it means for his startup.
“The LinkedIn acquisition demonstrates the power of the single ID and a unified contact record in the ecosystem,” he said in an interview.
The key thing for him is that Microsoft remains a proprietary platform, and LinkedIn has not demonstrated itself to be particularly happy to share its data with the rest of that ecosystem, either. “FullContact’s strategy is to create an open platform that is owned by humanity. We allow and invite developers to integrate with our platform, unlike LinkedIn. It has been rather closed off. They very much want to build a wall,” he added a little mischievously, borrowing a phrase more commonly (and controversially) associated with something and someone else
Led by Foundry Group with participation from Baird Capital, Shea Ventures and Blue Note, FullContact’s latest round will be used for acquisition — “I see a lot of distressed startups out there in our wider field unable to raise more money for sure,” said Lorang; and also hiring, business development, and adding in new features that will expand FullContact beyond contact management and into new areas.
One of those new features, Lorang said, sounds like a way to use your contact information in FullContact’s database as an identity card across the wider web.
“We have quietly been working on FullContact Connect, our next-generation platform capabilities where you will have your own ID, your own contact record, and you can use it to consume and control content online,” he said. “We are working on that. We do have ambitions.”
Founded in 2010 in Denver (where it is still based), FullContact has built itself out as one of a group of companies that is trying to tackle the issue of managing contacts that you make through your normal business life, as well as growing that list through intelligent searches based on the people you already know, and turning piecemeal contact info into more complete profiles.
The company has its own primary data that it augments with data from across the web, and using algorithms — both built in-house and also picked up by way of acquisition of competitors like Brewster — it merges all of it to create a database of some 40 billion contacts that its users can access. (FullContact does not disclose its actual user numbers, except to say that they are in the ‘millions.’)
FullContact today makes revenues from three categories of customers: individuals, businesses and software developers. It taps the first of these groups via freemium-style iPhone and Android apps that let you do things like scan and digitize business cards and then augment that information with more data about those people.
Meanwhile, the business and developer solutions let third parties tap into FullContact’s database by way of APIs to help create more complete customer profiles. The latter of these is a smart area for the company to develop to pick up developers and others who found themselves in a lurch when LinkedIn shut down similar API functionality in 2015.
Ironically, while FullContact has built its business on the concept of being able to enhance contact information, another area where Lorang also agreed it might move in years ahead might be in helping manage that info for those who don’t want it out in the open.
This is a trend that we see picking up some speed with the recent surge in interest in online privacy and data protection. For example, in Europe, you have the “right to be forgotten” development, where Google and other search engines are required to remove search links on people’s names when requested to do so by those individuals.
“I love the trend of being more transparent,” said Lorang. While Lorang said you can already claim and manage a profile on FullContact, it’s now working on ways of expanding that to other data repositories. “We are just starting to roll out that type of capability to remove yourself,” he said. “You’ll see more from us on this in the next year.”
For now, FullContact and its investors are happy to keep the startup in Denver and well outside the Valley bubble to grow.
“With over 40 billion contact records under management, FullContact was already on track to more than double recurring revenue for the fourth straight year,” said Brad Feld, MD of the Foundry Group, in a statement. “The funding will be used to support the company’s rapid growth by further expanding sales, marketing and engineering as well as pursuing strategic acquisitions that bolster our technology and data assets.”

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Microsoft to acquire LinkedIn

Microsoft to acquire LinkedIn

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REDMOND, Wash., and MOUNTAIN VIEW, Calif. — June 13, 2016 — Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction. The transaction is expected to close this calendar year.
LinkedIn is the world’s largest and most valuable professional network and continues to build a strong and growing business. Over the past year, the company has launched a new version of its mobile app that has led to increased member engagement; enhanced the LinkedIn newsfeed to deliver better business insights; acquired a leading online learning platform called Lynda.com to enter a new market; and rolled out a new version of its Recruiter product to its enterprise customers. These innovations have resulted in increased membership, engagement and financial results, specifically:
•19 percent growth year over year (YOY) to more than 433 million members worldwide
•9 percent growth YOY to more than 105 million unique visiting members per month
•49 percent growth YOY to 60 percent mobile usage
•34 percent growth YOY to more than 45 billion quarterly member page views
•101 percent growth YOY to more than 7 million active job listings
“The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” Nadella said. “Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.”

“Just as we have changed the way the world connects to opportunity, this relationship with Microsoft, and the combination of their cloud and LinkedIn’s network, now gives us a chance to also change the way the world works,” Weiner said. “For the last 13 years, we’ve been uniquely positioned to connect professionals to make them more productive and successful, and I’m looking forward to leading our team through the next chapter of our story.”
The transaction has been unanimously approved by the Boards of Directors of both LinkedIn and Microsoft. The deal is expected to close this calendar year and is subject to approval by LinkedIn’s shareholders, the satisfaction of certain regulatory approvals and other customary closing conditions.
“Today is a re-founding moment for LinkedIn. I see incredible opportunity for our members and customers and look forward to supporting this new and combined business,” said Hoffman. “I fully support this transaction and the Board’s decision to pursue it, and will vote my shares in accordance with their recommendation on it.”
Microsoft will finance the transaction primarily through the issuance of new indebtedness. Upon closing, Microsoft expects LinkedIn’s financials to be reported as part of Microsoft’s Productivity and Business Processes segment. Microsoft expects the acquisition to have minimal dilution of ~1 percent to non-GAAP earnings per share for the remainder of fiscal year 2017 post-closing and for fiscal year 2018 based on the expected close date, and become accretive to Microsoft’s non-GAAP earnings per share in Microsoft’s fiscal year 2019 or less than two years post-closing. Non-GAAP includes stock-based compensation expense consistent with Microsoft’s reporting practice, and excludes expected impact of purchase accounting adjustments as well as integration and transaction-related expenses. In addition, Microsoft also reiterated its intention to complete its existing $40 billion share repurchase authorization by Dec. 31, 2016, the same timeframe as previously committed.
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Microsoft and LinkedIn will host a joint conference call with investors on June 13, 2016, at 8:45 a.m. Pacific Time/11:45 a.m. Eastern Time to discuss this transaction. The call will be available via webcast at https://www.microsoft.com/en-us/Investor and will be hosted by Nadella and Weiner, as well as Microsoft Chief Financial Officer Amy Hood and Microsoft President and Chief Legal Officer Brad Smith. The presentation for the call is available on the Microsoft News Center.
Morgan Stanley is acting as exclusive financial advisor to Microsoft, and Simpson Thacher & Bartlett LLP is acting as legal advisor to Microsoft. Qatalyst Partners and Allen & Company LLC are acting as financial advisors to LinkedIn, while Wilson Sonsini Goodrich & Rosati, Professional Corporation, is acting as legal advisor.
About LinkedIn
LinkedIn connects the world’s professionals to make them more productive and successful and transforms the way companies hire, market, and sell. Our vision is to create economic opportunity for every member of the global workforce through the ongoing development of the world’s first Economic Graph. LinkedIn has more than 400 million members and has offices around the globe.
About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.

Microsoft to buy LinkedIn for $26.2B in cash, makes big move into enterprise social media

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Microsoft to buy LinkedIn for $26.2B in cash, makes big move into enterprise social media

By Ingrid Lunden as written on techcrunch.com
Huge news today in the world of M&A in enterprise and social networking services: Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26.2 billion, or $196 per share, in cash. The transaction has already been approved by both boards, but it must still get regulatory and other approvals.
If for some reason the deal does not go through, LinkedIn will have to pay Microsoft a $725 million termination fee, according to Microsoft’s SEC filing detailing the merger.
The $196 per share offer is a big hike on its closing price from Friday, $131.08. (And in pre-market trading, unsurprisingly, LinkedIn’s stock has nearly crept up 64 percent to reach the share price Microsoft is paying. Microsoft’s price is down 4 percent to $49.66 in pre-market trading.)
LinkedIn is keeping its branding and product, and it will become a part of Microsoft’s productivity and business processes segment. LinkedIn’s CEO Jeff Weiner will report to Satya Nadella.

How Microsoft plans to use LinkedIn

The acquisition is a big one for both sides.
For Microsoft, it’s bringing a key, missing piece into the company’s strategy to build out more services for enterprises, and give it a key way to compete better against the likes of Salesforce (which it also reportedly tried to buy).
Today, Microsoft is focused squarely on software (and some hardware by way of its very downsized phones business). But LinkedIn will give Microsoft a far bigger reach in terms of social networking services and professional content — developing the early signs of enterprise social networking that it kicked off with its acquisition of Yammer for $1.2 billion in 2012.
LinkedIn’s wider social network, pegged as it is to groups of employees and employers, will give Microsoft a sales channel to sell more of its products, and will serve as a complement to those that it already offers for collaboration and communication.
In a section called “Selling to Social Selling” in the deck below, Microsoft details how it plans to use LinkedIn’s social graph as an integrated selling tool alongside its existing CRM products (which are second to Salesforce in the market currently). Users of Microsoft’s Dynamics CRM and other systems, it notes, will want to use LinkedIn’s Sales Navigator “to transform the sales cycle with actionable insights” — essentially lots of background information about users that can help find leads, open conversations and close deals.
There are other elements of LinkedIn’s business that are interesting to consider in light of this acquisition. LinkedIn acquired Lynda.com, for example, to spearhead a move into offering online learning tools to users — expanding on their bigger hope of being the go-to place for overall professional development. Now, with Microsoft, you can see how Lynda might be employed to help sell Microsoft software products, and provide assistance in learning to use them. This is also an area that Microsoft is already highlighting as a positive in the deal:

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There are also other areas where you will see lots of natural integrations, for example with Cortana and providing more professional networking tools to users.
“The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” Nadella said in a statement. “Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.” You can read Nadella’s full memo to staff here.
(And just as a side note, this puts some of Microsoft’s recent cost-cutting through layoffs and sales into some perspective, as well.)
For LinkedIn, it puts to rest questions of how the company would ever compete with companies that are building more software on top of their social graphs that would put it into closer competition against LinkedIn. For a while, it looked like this was the direction that LinkedIn hoped to develop, but more recent problems with user and revenue growth, and a subsequent dropping share price, has put the company on the defensive.
“Just as we have changed the way the world connects to opportunity, this relationship with Microsoft, and the combination of their cloud and LinkedIn‘s network, now gives us a chance to also change the way the world works,” Weiner added in the statement. “For the last 13 years, we’ve been uniquely positioned to connect professionals to make them more productive and successful, and I’m looking forward to leading our team through the next chapter of our story.” Read Weiner’s letter on the deal to LinkedIn staff here.
But this is not at all a story about a failing company getting scooped up on the way down for parts. LinkedIn, even with a share price that is below its 12-month high point of $258 per share, is one of the better-performing tech companies in the public markets.
Microsoft has never been a massively successful company when it comes to social networking — although it smartly invested in Facebook before it went public, and as we have reported before it was apparently interested at one point in trying to make a bid to buy Slack for $8 billion. LinkedIn’s social network will give it a significant foothold in this area.
LinkedIn is active in over 200 countries and has 105 million monthly active users, with 433 million registered overall. The company has some 60 percent of all traffic on mobile, and — thanks to some strong SEO — a crazy 45 billion quarterly page views. It’s also one of the biggest repositories of job listings, with some 7 million active listings currently. While some parts of LinkedIn’s business has stagnated, specifically with MAU growth (which is up only 9 percent on last year) latter is a growing business — up 101 percent on a year ago.
LinkedIn’s core business is based today around recruitment ads and, to a lesser extent, premium subscriptions for users. The recruitment business (termed “Talent Solutions”) accounted for $2 billion of the company’s $3 billion in revenues in 2015.
And as you can see from the photo above, Reid Hoffman, one of the co-founders and current chairman, is behind the deal.
“Today is a re-founding moment for LinkedIn. I see incredible opportunity for our members and customers and look forward to supporting this new and combined business,” said Hoffman in a statement. “I fully support this transaction and the Board’s decision to pursue it, and will vote my shares in accordance with their recommendation on it.”
The companies are hosting a conference call at 8.45 a.m. PT.

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