Pinterest valued at $7.7B

Instrumentalist

Instrumentalist

Don't mess with my riddim
Aug 11, 2009
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Pinterest Is a $7.7 Billion Company - Forbes

I'm always weary of internet companies being valued so high, and especially so soon. But you can't deny their stats, and especially their demographics; college-educated women between the ages 25-44. IE. large internet spenders.

The average Pinterest user is on 89 minutes a month while an average Twitter user is on 21 minutes a month. Pinterest can impact a user’s website traffic and increase sales – particularly if you are selling things that define a lifestyle or are aspirational.
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Read the article and you see that's not a real valuation (they didn't raise money at that price) that's just some random number this person made for link bait.

I don't see how they'd be valuated at more than about 1 maybe 2 billion right now. They're last series of funding only valued them at 200 million and that was in october.
 
just one more company that will never make any kind of money. business model: hope for google buyout. youtube did that before it was cool. some day the vc fags will realize that the business model blows and all hipsters will have to file unemployment/start an indie band
 
wayn3 said:
just one more company that will never make any kind of money. business model: hope for google buyout. youtube did that before it was cool. some day the vc fags will realize that the business model blows and all hipsters will have to file unemployment/start an indie band
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They make $26 million a year.
 
I predict Pinerest will go one of 2 ways.

1. Buyout for a ridiculous sum + Oscar nominated movie.
2. Copy model of million pixel thing from a few years ago and never be heard of again after buzz dies and the girls move on.
 
this would actually be the perfect company for Google, that is if they want to remain relevant. It would satisfy their hard on for a successful social platform. Everyone see's FB as googles biggest problem, but with Apple getting rid of them for search & maps , and with more and more people getting on the IOS bandwagon they are going to become irrelevant to 50% of mobile search in a hurry.
 
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dmnEPC said:
...with more and more people getting on the IOS bandwagon they are going to become irrelevant to 50% of mobile search in a hurry.
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Apple's share in the mobile market is shrinking. My IOS search provider is Google. Google owns something like 97% of the mobile search market share.

I hardly think they are going to become irrelevant any time soon.
 
There is a bubble in the markets that is for sure.... all the cheap money... the printing of Trillions of usd and the ecb giving "loans".. its getting into markets worldwide..

Will be interesting to see what happens with the nov 2012 elections in the us.. prob.. they will just push all the taxes into the future again in some way...

World still headed toward us debt eu melt down.
 
Fatbat said:
Apple's share in the mobile market is shrinking. My IOS search provider is Google. Google owns something like 97% of the mobile search market share.

I hardly think they are going to become irrelevant any time soon.
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All I'm saying is they have a real threat of drastically losing that search volume. And just because the geeks will change the default doesn't mean mainstream will even know that's a possibility. My point is they are so hung up on social they run the risk of drastically screwing themselves outta a big chunk of the biggest shift since the PC.
 
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