Paul Sciarra, one of the co-founders of Pinterest is reportedly leaving the company according to Startup Grind. Sciarra founded Cold Brew Labs, the parent company of Pinterest in 2008.
The original president and CEO, Sciarra ceded both roles to co-founder Ben Silbermann over the past few months as the company has begun to make more waves in the media. It appears that terms aren’t all that tumultuous now, at least publicly, as Sciarra hasn’t filed any lawsuits or attacked the other co-founders publicly as we’ve seen happen in the past with other companies. But maybe there is an academy award lurking in here somewhere that just hasn’t surfaced yet.
Other News
- Gigaom attempts to solve the riddle of how much money Pinterest is making and just how they are doing it. Extra points for the informative table.
- Is Pinterest the savior of print?
- Ad Age has an article about magazines and their efforts to capitalize on Pinterest. We’ll have more on this later this week.
- Pin a product from retail sales website Gilt and unlock a special deal. Interesting idea.
