User growth is pretty nice, isn’t it? Pinterest certainly can vouch for it. The company that’s still working out a way to make money raised $100 million dollars and is now valued at $1.5 billion dollars after beign valued at just $200 million late last year.
Believe it or not, a lot of people have something to say about this.
- Valuing start-ups based on their revenue, or lack thereof, may not be as valuable as valuing them based on what they can do for other companies says Ben Walsh for Reuters.
- Is Pinterest en route to becoming an E-Commerce site? Technorati thinks it’s possible going forward. Interesting comments from Hiroshi Mikitani, CEO of Rakuten, the company that invested $100 million in America’s hottest start-up.
“While some may see e-commerce as a straightforward vending machine-like experience, we believe it is a living process where both retailers and consumers can communicate, discover, and curate to make the experience more entertaining.”
- The LA Times wonders if Pinterest is really worth $1.5 billion. An interesting note on how viral Pinterest is inside:
The social sharing site has demonstrated “tremendous virality,” with more than 80% of pins actually being re-pins of other people’s stuff, according to findings from RJMetrics. By contrast, a study offering a similar snapshot of time on Twitter showed that only about 1.4% of tweets were retweets.