Pinterest's Scary Big $1.5 Billion Valuation
After receiving a $100 million investment from Japanese e-commerce site Rakuten, the "next Facebook," got a valuation 50 percent bigger than the already unbelievable price of Instagram.
Dealbook's Evelyn M. Rusli reports that the music-sharing company Spotify is raising money as part of a deal that values it at $4 billion, and fresh off this morning's enormous $1.5 billion valuation for Pinterest, we can't help but fear this is more evidence of a social media bubble.
After receiving a $100 million investment from Japanese e-commerce site Rakuten, the "next Facebook," got a valuation 50 percent bigger than the already unbelievable price of Instagram.
There's a lot of nothing going on in the tech industry because companies are no longer motivated by technology, but by crazy, super-fast success.
After making a public announcement a couple weeks ago about its spam problem, Pinterest has only seen more money-making schemes develop around its potentially lucrative set-up.
Pinterest really has arrived: A survey from Experian Hitwise on Friday put the site at third on the list of most popular social networks, behind only Facebook and Twitter.
TechCrunch confirmed reports Monday that Pinterest co-founder Paul Sciarra is leaving the social networking site, as his partner, Ben Silbermann, long the more public of the two, takes over as CEO.
If you look closely, among the shopping and fashion pins, Pinterest has lots and lots of porn -- it is an Internet site, after all.
The incredible $1,000-a-day windfall one man named "Steve" claimed to make by spamming Pinterest users turned out to be just that -- not very credible.
Looking at Barack Obama's brand new Pinterest profile, he clearly understands the heavy female demographic on the social networking site.
To solve its money-making conundrum, Pinterest has hired Tim Kendall, Facebook's former Director of Monetization, reports Fortune's Jessi Hempel in a profile of the rising social network.
There's this thing happening online. Communities of men are springing up and communicating their likes and dislikes, their favorite brands of organic shave gel and vintage leather tote bags, the way a certain pair of pants manages to look both dashing and casual, instructions on how to wear one's best collar.
After hearing all that talk about Pinterest as the social network for ladies, we wondered what kind of stuff men did on the Internet, especially since we found out there's a whole male sharing culture happening on here.
The Tumblrization of Pinterest is now complete, with "thinspo" bloggers setting up camp on the site, as we suspected they might after Tumblr announced its crackdown on these sorts of self-harm blogs.
Pinterest, the social network that encourages image hoarding, hasn't done a very good job preparing for the inevitable copyright scandal the site will face.
Beyond "girly" pinboards showcasing the latest fashion trends, there's a silly side to Pinterest, which has taken a few notes from the Internet's silliest platform, Tumblr.
After discovering that the United States Army had a profile on Pinterest, we talked to the Army's social media operation to get some insight into what made them jump on the latest Internet trend. Hint: It has to do with ladies.
With all the talk of Pinterest acting as one giant copyright infringement hub, the up-and-already-arrived social network has given sites a way to opt out of pinning.
Mark Zuckerberg, or someone pretending to be Mark Zuckerberg, has made a profile on Pinterest, another sign of the social media site of the moment's ascendance.
Considering the heavy female demographic happening on Pinterest, we were surprised to find the U.S. Army had a well-stocked profile, until we checked out the rest of their online goings-on
Pinterest has a classic Internet problem: It doesn't know how to make money off of its popularity.
All the things that have drawn women to Pinterest, the social network of the moment, make the site a more appealing social network in general.
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