Thursday, February 14, 2013

Valentine Gift: LinkedIn CEO gifts iPad Mini to all employees

Well many would be Valentines would get jealous for not having their proposer to be a fully employed LinkedIn when they hear what the LinkedIn CEO gifted on the Valentine Day.

With Valentine Day just hours away, the LinkedIn CEO Jeff Weiner surprised the company's 3,458 full-time employees Wednesday when he revealed at an all-hands meeting that they were all getting iPad Minis.

Weiner didn't cheap out, either—one employee tells us they got the $429, 32-gigabyte model, not the less-expensive $329 model. At retail prices, that would cost around $1.5 million.

Mike Grishaver, a product manager who works on the company's marketing solutions team, posted on the business social network:
"Jeff 'Winfrey' Weiner decided to give every [LinkedIn] employee an iPad Mini today as a special reward for our recent results." 
It may be added that LinkedIn, currently an object of affection for investors, last week reported fourth-quarter adjusted earnings per share of 35 cents, revenue of $303.6 million, and net income of $11.5 million. The results handily beat expectations and the company's share price has been on a run ever since.

Read more about it at: C|net


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