Pinterest Raises $367 Million on a Valuation of $11 Billion

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Pinterest Raises $367 Million on a Valuation of $11 Billion

engine

9:02 pm on Mar 16, 2015 (gmt 0)

Yet again, i'm surprised by the valuation of $11 billion.

Pinterest has raised $367 million at a rich valuation of $11 billion, according to a regulatory filing on Monday.

The filing said the image bookmarking company seeks to raise as much as $208 million more. Pinterest Raises $367 Million on a Valuation of $11 Billion
[wsj.com]

bill

1:21 am on Mar 17, 2015 (gmt 0)

Agreed. The valuation here seems like bubble pricing to me as well. It does make a lot more sense to me than the recent SnapChat valuation though.

chrisv1963

7:05 am on Mar 17, 2015 (gmt 0)

the image bookmarking company

?

Bookmarking is a link to a certain webpage and not (in many cases) illegally placing photos on your own servers without the express permission of the owner ...

tangor

2:10 pm on Mar 17, 2015 (gmt 0)

One has to ask if that is a type: A "b" when it should be a "m" (as in Million, not Billion).

I still, to this day, see no "value added" that pinterest does.

JS_Harris

4:20 am on May 24, 2015 (gmt 0)

11 Billion is the value placed on being able to have that many eyes focus on your brand, it has nothing to do with Pinterest the website. Pinterest, the website, contains zero images actually owned by Pinterest and so no matter how you try to figure out the value of their content the answer is always zero, division by zero error.

toidi

10:35 am on May 24, 2015 (gmt 0)

Now they have enough money for some attorney to file a class action lawsuit on behalf of all of us who have had our images stolen and published on that site.

chrisv1963

6:23 pm on May 26, 2015 (gmt 0)

Pinterest, the website, contains zero images actually owned by Pinterest and so no matter how you try to figure out the value of their content the answer is always zero, division by zero error.

Actually a great part of their business is based on stolen property (photos) and copyright violations. In some countries you go straight to jail for that.