There is a steady migration of recruitment dollars going online, ... Employment figures are trading catalysts but this is a secular growth story, not a cyclical one, so month-to-month employment numbers are less and less relevant.
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Expedia faces some very challenging industry dynamics right now, and we will have to wait and see whether the new team is up to the task,Mark Mahaney
Can you get better at finding what people are really looking for, based on either prior search traffic or something about their interests
Mark Mahaney
It's very difficult to manage this kind of growth--they hired 800 people last quarter, and when you grow that fast, how do you know that all the people you've hired will be employed as efficiently Problems inevitably occur when you're ramping up at this rate.
Mark Mahaney
That's really impressive, ... This is a core tech long for investors. It's at its all-time high, and it should be.
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very good merger and acquisition track record.
Mark Mahaney
It's purely the earnings numbers. Sentiment was negative going into the numbers, with a widespread expectation there would be a miss -- including us.
Mark Mahaney
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