Has anyone noticed how completely broken LinkedIn's business model is? They charge a monthly fee (which starts at $19.99) for "premium" accounts. Sure, the premium features are probably worth it for full time recruiters, but it's obscenely expensive for the rest of the userbase. Most people only use LinkedIn when they are looking for a job. Why not charge a reasonable annual fee instead? At $20-$50/yr it might be worth it. At $19.99/mo I won't even consider it.
I'm guessing their "model" is based on the idea that people looking for a job will subscribe and then forget cancel their premium subscription once they get a job. Seems like a dick move to me. They should have a $25/yr premium subscription instead of this monthly garbage. Flickr costs $25/yr. Hell, Vimeo will give you a premium account for HD video for $60/yr. LinkedIn wants a minimum of $240/yr for a little badge and a few premium features? Hell no.
They actually have a $50/mo plan for job seekers. How many subscribers could they possibly have? I'd be interested to know.
