Open nelsonic opened 6 years ago
👏 this post is amazing
Damn... What a journey! :rofl:
@nelsonic I felt what you were feeling as I was scrolling through this mega issue 😆
But also... yay!
I suspect @nelsonic dreams in screenshots!
Guess who just bought Glint...? https://techcrunch.com/2018/10/08/linkedin-acquires-employee-engagement-and-retention-platform-glint/ Microsoft. (AKA LinkedIn)
Terms/price undisclosed. But it should interest you that LinkedIn has given up on building features, they simply leverage their P/E ratio (inflated stock price) to buy the company that has the feature(s) they want to integrate (e.g: Lynda.com ...) and "grow by acquisition". We all know the likelihood of success in these kinds of transactions ... If anything this is an opportunity for any alternative/competitor to Glint, because they will be completely distracted by "integrating" with the "systems" of their corporate overlords. The founders of Glint will be too busy counting their millions to remember to improve their core product and as a result it will stagnate. We've seen this pattern so many times it feels like ground-hog-day. The only people who "succeed" in "M&A" are the "advisors" who just walked a way with a percentage of the transaction value without any commitment to the outcome of the deal.
Further discussion: https://news.ycombinator.com/item?id=18169332
😆 @ this part of the pricing chart
@newswim excellent spot/point. 🔍 🤣 You'd think getting feedback or "recognition" from peers would be pretty integral to this product ...
Having worked in "big" companies and seen "employee engagement" [top down] directives, it's very much a "box ticking" exercise for the HR/Exec team. They couldn't care less about people loving the work they do. Most corporate managers don't [want to] understand human motivation. They prefer to assume that everyone is motivated by money ("pay for performance") or job titles and totally ignore intrinsic motivation and joy of accomplishment. We have Frederick Winslow Taylor to thank for this ... "The Principles of Scientific Management". indeed. 🙄
Anyone interested in the History and Future of "Management", and understanding "working @dwyl", I'd highly recommend reading: https://hbr.org/product/the-future-of-management/2505-HBK-ENG and/or watching Gary Hamel's Talk on "Future of Management" (16 Minutes) https://youtu.be/YYaYwCA-FaM
While reading an article on Bloomberg ... specifically the one on how the GitHub Co-Founders sold-out the community to Microsoft: https://www.bloomberg.com/news/articles/2018-06-04/github-billionaires-will-own-more-microsoft-stock-than-its-ceo
I was served this advert that states: "people who love what they do - do it better." ... 💭
Ok, I'll "bite" ... https://www.glintinc.com/goahead (I don't "normally" click on ads ... but I'm intrigued!) Don't you love a website that doesn't tell you anything ("above the fold") but forces you to scroll ... Kept scrolling ...
clicked on the
Read more >>
link And learned exactly nothing.Kept scrolling ...
Got to the bottom of the landing page. I've learnt exactly nothing about the product, and now you want my personal data ...
Went to: https://www.glintinc.com and the home page is no more informative. OK, I get that you are "People-Driven" ...
Watch their video on how "Glassdoor measures and improves employee engagement with Glint" ...
Kept scrolling ...
So I took the "tour" ... https://www.glintinc.com/people-success-platform
You've got dashboards with few graphs ...
https://www.glintinc.com/team-effectiveness ...
Finally a glimpse of the actual product...!
Bit of desk research on the company: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=285459070 Their "executive" team is 80% male ... But ... their Chief Customer Officer is Ms. Mary Poppen: https://www.linkedin.com/in/marypoppen
They've borrowed a lot of money to solve a problem that shouldn't exist... https://www.crunchbase.com/organization/glint#section-overview
When a
user
of your product thinks they could achieve the same result with Google Forms ... https://www.capterra.com/p/154985/Glint/How Much...?
I tried searching the Glint website for pricing ... nothing! Apparently they do not make their pricing
public
instead you have to "contact sales". Does anyoneelse
find it ironic that a company focussed on improving engagement, is secretive about how much they charge organisations of their product...?Challenge accepted. a few google queries later: https://www.sensienthr.com/comparison (see last column of this comparison table):
$40k/yr ... 😮
@iteles apparently, your idea for making an app to help people do work they love, has been "market validated".
So ... what are we "waiting for" to build a much better way to help people
do
what they love...? ⏳