As of 2011, LinkedIn was the fastest growing recruiting company.
Unresolvable The public record could not settle it.
Factual: Statements about the present or the past, checked against the record: did they hold up?
The second judge would not resolve this claim; the verdict shown is the first judge's.
Said for an organisation they lead or work for; it counts on both records.
What would count as true or false
Judge as of August 2011. Treat LinkedIn as a recruiting company through its recruiting business (Hiring Solutions) and compare its revenue growth rate with that of other recruiting businesses of meaningful scale (online job boards such as Monster, CareerBuilder and Dice, and major staffing/recruitment firms) for the most recent reported periods. True: LinkedIn's recruiting revenue growth (year over year, e.g. H1 2011 or FY2010) was the highest among them. Mostly true: highest among large firms, with only a tiny or startup recruiter growing faster. Mixed: among the very fastest but roughly tied, or the ranking depends on the metric. Mostly false: high growth, but one or more significant recruiting companies grew clearly faster. False: LinkedIn's recruiting growth was ordinary or below that of many peers.
Set before the research began.
Evidence (11)
-
E1 0000950123-11-069216.txt Monster Worldwide, Inc. (Form 8-K, Exhibit 99.1 press release) · 28 July 2011
“Total Careers revenue was $236 million, an increase of 28%, compared to $184 million in the second quarter 2010.”
-
E2 8K 2010 Yr end Earnings Release r10 Dice Holdings, Inc. (Form 8-K, Exhibit 99.1 press release) · 1 February 2011
“Revenues for the quarter ended December 31, 2010 totaled $37.9 million, an increase of 42% from $26.7 million in the comparable quarter of 2009.”
-
E3 8K 2010 Yr end Earnings Release r10 Dice Holdings, Inc. (Form 8-K, Exhibit 99.1 press release) · 1 February 2011
“Revenues for the year ended December 31, 2010 totaled $129.0 million, as compared to $110.0 million in 2009, an increase of 17%.”
-
E4 LinkedIn Corporation prospectus (Rule 424(b)(4)), Class A common stock IPO U.S. Securities and Exchange Commission (filed by LinkedIn Corporation)
“| Hiring solutions | | $ | 16,929 | | | $ | 46,333 | | | | 174 | % |”
-
E5 Monster Worldwide, Inc. Form 8-K with press release reporting Q2 and six-month 2011 results (Exhibit 99.1) U.S. Securities and Exchange Commission (filed by Monster Worldwide, Inc.) · 28 July 2011
“Total Careers revenue was $236 million, an increase of 28%, compared to $184 million in the second quarter 2010.”
-
E6 Monster Worldwide, Inc. Form 8-K with press release reporting Q2 and six-month 2011 results (Exhibit 99.1) U.S. Securities and Exchange Commission (filed by Monster Worldwide, Inc.) · 28 July 2011
“Monster Careers revenue increased 27% to $464 million compared with $366 million in the 2010 period.”
-
E7 Dice Holdings, Inc. Form 8-K with press release, Fourth Quarter and Full Year 2010 Results U.S. Securities and Exchange Commission (filed by Dice Holdings, Inc.) · 1 February 2011
“Revenues for the quarter ended December 31, 2010 totaled $37.9 million, an increase of 42% from $26.7 million in the comparable quarter of 2009.”
-
E8 LinkedIn Beats The Street In First Quarter As A Public Company; Revenue Up 120 Percent To $121M | TechCrunch TechCrunch · 4 August 2011
“Linkedin’s Hiring Solutions totaled $58.6 million, an increase of 170% compared to the second quarter of 2010.”
-
E9 Monster Worldwide Reports Second Quarter 2011 Results onrec.com (reprint of Monster Worldwide press release, Business Wire) · 29 July 2011
“Total Careers revenue was $236 million, an increase of 28%, compared to $184 million in the second quarter 2010.”
-
E10 CareerBuilder Underscores Lead in Traffic and Revenue PR Newswire (CareerBuilder press release) · 2 March 2011
“CareerBuilder's North American network revenue was $556 million in 2010, up 3 percent from 2009, compared to a 2 percent decline in organic revenue for its largest competitor.”
-
E11 LinkedIn Posts $243M In 2010 Revenue, $15.4 Million In Net Income | TechCrunch TechCrunch · 11 March 2011
“From 2009 to 2010, net revenue increased $123.0 million, or 102%, to $243 million.”
Reasoning
The evidence shows LinkedIn's Hiring Solutions revenue growing 170–174% (E5, E9), well above the reported growth of Monster (E6, E7), Dice (E3, E4) and CareerBuilder (E11). These figures cover different periods. The criteria also require a comparison with major staffing and recruitment firms, and no evidence item covers them. So the evidence does not show that LinkedIn's growth was the highest among all the peers the criteria name.
Cite this claim
Marc Andreessen, “As of 2011, LinkedIn was the fastest growing recruiting company.” (said 20 August 2011). Verdict: unresolvable. Reliability API, claim c_bd5cd0991ad8, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_bd5cd0991ad8
This claim is in dataset release v1.1.2, with the same verdict.
Reply to this claim
More factual claims by Marc Andreessen
-
Mixed
“And these people are completely giving up the entire moral foundation of the system that’s been built for them, which by the way, is paid for virtually 100% by taxpayer money.”
The system that has been built for these people is paid for virtually 100% by taxpayer money.
-
Mostly true
“I mean, look, we’re adding a trillion dollars to the national debt every 100 days right now, and it’s now passing the size of the Defense Department budget and it’s compounding”
-
Mixed
“Technological innovation in a market system is inherently philanthropic, by a 50:1 ratio.”
-
Mostly false
“There are only three sources of growth: population growth, natural resource utilization, and technology.”
-
Mostly true
“We believe markets lift people out of poverty – in fact, markets are by far the most effective way to lift vast numbers of people out of poverty, and always have been.”
Verdicts are made automatically; how verdicts are made.