Live data from Hacker News

Pinterest S-1

sec.gov

11–20 of 181 posts

Re: Pinterest S-1

#11

"For the year ended December 31, 2018, we generated revenue of $755.9 million, as compared to $472.9 million for the same period in 2017, representing year-over-year growth of 60%. For the year ended December 31, 2018, we generated a net loss of $63.0 million and Adjusted EBITDA of $(39.0) million, as compared to a net loss of $130.0 million and Adjusted EBITDA of $(93.0) million, respectively, in the same period in…

Curious how this would change if R&D was capitalized. Of course it would just make ebitda a less accurate proxy for cash flow but we’d still be looking at it very differently.

R&D was $208M in 2017 and $252M in 2018, which was about 45% and 33% of revenue, respectively.

Re: Pinterest S-1

#12
post #3

Pinterest continuing the trend of teach companies IPOing with dual class share structures: "Following this offering, we will have two classes of common stock: Class A common stock and Class B common stock. The rights of the holders of Class A common stock and Class B common stock will be identical, except with respect to voting, conversion and transfer rights. Each share of Class A common stock will be entitled to on…

The verdict on dual class shares is not as unfavourable as is frequently made out in the press as attested to by a recent study in the Harvard Law School Forum on Corporate Governance and Financial Regulation: "The limited empirical evidence on the technology and emerging growth companies that are the target of these regulations is insufficient to support the adoption of new regulations, as the evidence that is avail…

Frankly, as a long term buy and hold investor, I actually prefer to invest in companies where the founders are solidly in control, assuming I believe in their abilities. It seems like it should free them from some of the pressure to optimize for the short term at the expense of long term success.

Re: Pinterest S-1

#13
There is something junky about Pinterest and Quora— the experience of using it while not logged in is bad. Facebook has users in a strangle hold— afraid of alienating and being out of the loop on family affairs if they leave. Can someone convince me that Pinterest is not suceptible to an overnight diaspora if another service becomes more useful or fashionable? It’s great that Pinterest is making money but how will they defend themselves? If not, perhaps Pinterest would be a good long term short?

Re: Pinterest S-1

#14
post #10

I didn't know pinterest was a thing, I'm not sure anyone in France use it, is that only used in the US?

I don't know anyone in the US using Pinterest. It seems like a search engine gaming scam to me.

Re: Pinterest S-1

#15
post #10

I didn't know pinterest was a thing, I'm not sure anyone in France use it, is that only used in the US?

Reasonably well-known in Brazil among crafts-interested general audience and related areas.

Re: Pinterest S-1

#16
post #10

I didn't know pinterest was a thing, I'm not sure anyone in France use it, is that only used in the US?

I don't know anyone in the US using Pinterest. It seems like a search engine gaming scam to me.

Nearly every woman I know has a Pinterest account...

Re: Pinterest S-1

#18
post #10

I didn't know pinterest was a thing, I'm not sure anyone in France use it, is that only used in the US?

I’m in the US and know it exists, but I don’t know anyone who uses it. It seems like it’s used predominantly by women to collect and share photos taken by other people (e.g. photos of clothing, makeup, fashion models, crafts, weddings, food, etc.).

The fact that I don’t know anyone who uses it does not imply that Pinterest is unpopular. I just know so few women.

Re: Pinterest S-1

#20
post #10

I didn't know pinterest was a thing, I'm not sure anyone in France use it, is that only used in the US?

I don't know anyone in the US using Pinterest. It seems like a search engine gaming scam to me.

Virtually all the women over 25 in my life have a Pinterest board. Among the men in my life, it is a good way to curate porn.
Post reply on HN