4 ms·
I do not understand how the company is being valued at 2.5B. It doesn't look like even the business accounts at Pinterest have any type of fee associated with t
by metafour 14y ago
I do not understand how the company is being valued at 2.5B. It doesn't look like even the business accounts at Pinterest have any type of fee associated with them.
How do they make money? Or is this valuation most likely based on the possibility of making money down the line?
EDIT:
According to this post, http://news.ycombinator.com/item?id=5254498 http://news.ycombinator.com/item?id=5254498, it seems like it is based primarily on potential revenue from data mining.
- phil 14y agoPinning indicates purchasing intent, and mediating purchasing intent is the most lucrative thing anybody has ever found to do with the web (search advertising being the all time greatest example).
- deleted 14y ago[deleted]
- mrtron 14y agoI think the promoted items model like twitter's business model suits them quite well.
- dylangs1030 14y agoThey said the same thing about Instagram when it was purchased by Facebook for $1 billion. I'm starting to think that's not a good metric.
- winterchil 14y agoIt depends on your criteria. Many people on here like to discuss sustainable businesses. Being acquired prior to reaching profitability is obviously a huge hit for the entrepreneurs, but it's irrelevant to the other conversation.
- mikeryan 14y agoNot being snarky but is there a profitable website who's primary source of revenue is based on data mined from their users? I keep hearing about this "data mining" revenue stream but can't think of a place where its worked. That being said Pinterest seems like one place where it might.
- jonknee 14y agoGoogle? Targeting interests is a solved problem.