Ask HN: Why isn't there competition to LinkedIn yet?
It seems there are many solutions for social media these days, but only one LinkedIn. Why are we still putting up with it? I’m surprised there’s not been a contender yet, or maybe I am not aware and perhaps that could be the rub; the challenge of acquiring enough traffic for the network effect to take hold.
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There was Otta which went through one of the worst rebranding in recent memory and is now "Welcome to the Jungle".
But beyond that, that's it.
It feels like Linked has somewhat "perfected" the social-media-as-networking business model. To me, it looks like another enshittification. But to investors, it probably looks like successful optimization. Ergo, I would not want to try to start a business to "outdo" LinkedIn.
This leaves me wondering, what other business models exist? What would have to happen for each of these other models to have a decent chance of taking off?
So if you were going to build a competitor, you'd need to get everyone who has built a profile on linkedin and built a 20 year rolodex of their network to all migrate away.
I'm not saying it cannot happen, I'm saying it is not a tech problem, so building a new flavor of the same app and hoping it wins out is an even higher-risk bet than most startups, and therefore does not fall into most people's risk tolerances.
This can be done in many other fields or places where people are wondering why there isn't more competition
The question of an alternative to LinkedIn is like asking if there's a better hell with less satan (but that may be a bit cynical)
[0] https://time.com/4062519/linkedn-spam-settlement/
There have been competitors, but they are either niche (Zerply) or more regionally specific (Xing, with its focus on following EU data sovereignty laws) or the latest trend, AI-enabled agentic recruitment, which as yet has no real track record.
I personally never opened an account, do remember seeing ex-colleagues exaggerating their job descriptions, titles, etc It looks quite fake to me. But I wonder what could have happened to me if I had an account 10, 15 and 18 years ago.
Instagram did photo filters.
LinkedIn did digital résumés.
Strava did activity tracking.
It's not zero sum. But if you're going to replace LinkedIn, you need to ask yourself: why would someone want a -new- digital résumé?
By the way, these things already exist, albeit in a more niche capacity, which is a good thing. GitHub is LinkedIn for programmers. Behance is LinkedIn for designers. X is LinkedIn for AI scientists :). Etc.
LinkedIn flipped the job hunting from job offers DB to CVs DB with networking aspect and added jobs and more social aspect later.
On the other hand, the web is insanely oversaturated and in the end everything turns to steaming pile of shit because of it. so even if something new came, it too would suck sooner or later.
I have a new email account on my own domain. For the sake of this discussion lets pretend my domain is MYDOMAIN.com, but keep in mind my actual domain isn't some words put together that a human could conceivably guess.
Just now I got two confirmation emails from linkedin. They read as usual:
("FIRSTNAME" is not my first name, it's some other person's, presumably.)I received these confirmation emails on NEVERUSED@MYDOMAIN.com where NEVERUSED is some string that I've never used before anywhere.
What is going on here?
I'm not sure that's actually true. We have a lot of different social media applications but they all mostly serve different purposes or different demographics. Where is the direct competition for Facebook? For Instagram? For Reddit? Maybe only Twitter has what could be considered real direct competition in purpose and demographic.
So once LinkedIn stops providing the value that gives it its dominance, and/or someone finds a way to deliver more value, you'll see your competition. That's your answer. Seemingly nobody has found a good enough angle or opportunity,
And FWIW, sure the network effect is hard to replace, but not even close to impossible. Just ask the dozens of other social networks that have fallen from greatness. It just means a competitor has to deliver outsize value to overcome the inherent network effect that they're competing with.
LinkedIn is notable for not being affected by these: 1. There are no major influencers (though they tried.) The most influential person on LinkedIn is very close in value to the median software engineer 2. There are no significant leaderboards (though they tried.) Few people care how many followers others have 3. Regular engagement doesn't matter, because it is still the Schelling point for irregular life events (ie needing a job.) 4. Most of their revenue comes from subscriptions for recruiters, so the lower engagement is not an existential crisis.
LinkedIn is an always-on jobs expo pretending to be social media. Even the executives think they are social media. They are actually something else.
Some angles to compete: 1. Build better data for an underserved segment. Obvious choice is SWE, but MSFT owns Github as a firewall here. Another candidate is the top 1% of executives: they might be the major influencers that haven't been activated yet. 2. Build an identity layer that mitigates risk of fake job seekers. LinkedIn has halfheartedly tried this but their inertia might be an opportunity. 3. Build the Github for other segments: the verifiable portfolios that show real work. 4. Build a frontrunner to the hiring pipeline. If every star candidate can be identified three months before they start looking on LinkedIn, the recruiting system there will fall apart. 5. Build the workplace social media network that users actually want to use daily. LinkedIn failed at this, and their effort indicates they see the risk of disruption coming from here.
Some existing companies that are on the right track: 1. Slack. Already owns DAU for work, well-funded, competes with MSFT in many domains. 30% confident they've considered moving into this space, but Benioff getting AI-pilled will slow it down. 2. Behance. Owned the market for designers, sold to Adobe, game over. 2. Glassdoor. Useful data that LinkedIn doesn't own, but they seem to have embraced the Yelp business model instead. 3. Fishbowl. Daily engagement solved but they've backed into a local maxima. 4. Upwork. Stuck with low-end brand that will prevent them from winning this market. 5. X. Has all the pieces except for a leader who cares about a jobs board. Would need a certain kind of leader for their jobs product to get it to win. 6. Every other talent startup: fighting for the right revenue, but they almost always approach it from the transactional staffing model or the ATS subscription model. Would need someone to buy all of them up and launch a network with 100M profiles on day one.
its ofc just hard to start and grow any social network and the default is death, but i think perhaps the more interesting answers are:
1) hiring is the one area where you want longevity, expertise, trust, and linkedin just had the most time to build that up on both the platform side and in terms of the people available on it
2) linkedin actually DOES put a lot of effort into Sales Navigator and other recruiting tools that basically all other social platforms halfass. so even though you and i may not love linkedin, it is the only platform to treat salespeople and recruiters with any form of love and respect, and you should not be surprised that it does well accordingly despite it's obvious flaws.
It started out as sort of digital resume website where you could also build a network, but ultimately devolved into a social media slop platform.
Kind of like with FB - the feed now consists of 0.01% stuff that I actually care about. It's bots and sales as far as the eye can see.
But, then again, you can't become a billion dollar platform with all that junk.