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Pinterest S-1

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Re: Pinterest S-1

#151

Post by photonios »

mruts wrote: post #123
GordonS wrote: post #97

Earlier quoted context omitted.

What about Europe, especially Western and Northern - plenty of disposable income to go round there?

Maybe, but America has relatively low taxes and high income. This is an anecdote, but I was looking at developer jobs in Europe and the salaries are pathetic. 65k Euros for a senior engineer with a 50% tax rate? Are you fucking kidding me? I can make 250k in the US at a 35% rate. It’s absurd. No wonder Europe has a brain drain problem...

Do keep in mind that Europe is not a single country. Within the European Union, salaries and tax rates vary greatly. For western Europe, that seems a bit low.

Besides the northern countries, the tax rate is not 50%. Most countries either have a flat rate that is well below that or have a system where you pay in boxes. Like %30 over the first 20k, then %47 over the remainder etc. On top of that, many countries have countless schemes that result in tax deductions. Like owning a house gets you a discount.

In almost all cases, the effective tax rate falls well below 50%.

Re: Pinterest S-1

#152

Post by wetpaws »

nullc wrote: post #144

Pinterest is one of the worst things to happen to my search experience in the last decade. I've started wondering if they're using something like StyleGAN to general endless image variations that exist nowhere else (and have no source or context on pintrest) in order to pollute google image results.

Pinterest brings Facebook's walled garden to a whole new level, seriously wish them to die for good.

Re: Pinterest S-1

#153

Post by majani »

hodder wrote: post #112
majani wrote: post #68

Earlier quoted context omitted.

I think you simply fail to recognize just how far ahead North America is from the rest of the world financially.

I pointed out the obvious failing in every major social media company to generate revenue outside the USA. How is that me failing to recognize? I am quite explicitly recognizing just that.

It's not a failing if the global revenue is representative of the global economy.

Re: Pinterest S-1

#154

Post by lotsofpulp »

dingaling wrote: post #35
ericd wrote: post #12

Earlier quoted context omitted.

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.

But if they aren't predicting profits any time soon you won't be getting dividends. And you'll only have weak voting rights with which to nudge corporate strategy. So, why invest at all?

Expected present value of future dividends of alternative entity expected to pay dividends and capital gains from said entity is less than expected future value of capital gains from a company that isn’t paying dividends, all adjusted for certain level of perceived risk of course.

Re: Pinterest S-1

#156

Post by xeeeeeeeeeeenu »

aiisjustanif wrote: post #143
owens99 wrote: post #132

Earlier quoted context omitted.

Because you are clearly wrong. Forgive me for being blunt, I just think it’s a bit obvious: they have grown through means other than someone going to google.com and typing “Pinterest.” I can think of a dozen reasons why that would be the case. Google Trends does not match 1:1 popularity, usage, or growth of all products. Personally, I’m only a casual Pinterest user and have no stake in this, but the service has gotte…

Fun fact: It's a great place for black people when it comes to hair styles and hair care, surprisingly one of the best places. Google search can't even compare.

I'm not surprised that Google search can't compare considering the fact how hard Pinterest is working on making it useless.

Re: Pinterest S-1

#157

Post by Tuna-Fish »

nullc wrote: post #144

Pinterest is one of the worst things to happen to my search experience in the last decade. I've started wondering if they're using something like StyleGAN to general endless image variations that exist nowhere else (and have no source or context on pintrest) in order to pollute google image results.

Add -site:pinterest.com to your default search.

Re: Pinterest S-1

#158

Post by pm90 »

zepearl wrote: post #126
mruts wrote: post #123

Earlier quoted context omitted.

Maybe, but America has relatively low taxes and high income. This is an anecdote, but I was looking at developer jobs in Europe and the salaries are pathetic. 65k Euros for a senior engineer with a 50% tax rate? Are you fucking kidding me? I can make 250k in the US at a 35% rate. It’s absurd. No wonder Europe has a brain drain problem...

Developers earn 250k USD/year in the US? Any reference to the european "brain dead"-problem?

> european "brain dead"

I'm guessing you mean brain drain. Or is there a Creutzfeldt-Jakob disease epidemic that I missed? : )

Re: Pinterest S-1

#159

Post by dpau »

Tuna-Fish wrote: post #157
nullc wrote: post #144

Pinterest is one of the worst things to happen to my search experience in the last decade. I've started wondering if they're using something like StyleGAN to general endless image variations that exist nowhere else (and have no source or context on pintrest) in order to pollute google image results.

Add -site:pinterest.com to your default search.

-site:pinterest.* works even better

Re: Pinterest S-1

#160

Post by azeotropic »

xeeeeeeeeeeenu wrote: post #156
aiisjustanif wrote: post #143

Earlier quoted context omitted.

Fun fact: It's a great place for black people when it comes to hair styles and hair care, surprisingly one of the best places. Google search can't even compare.

I'm not surprised that Google search can't compare considering the fact how hard Pinterest is working on making it useless.

Google is doing a reasonably good job of making their search useless on their own. I rarely have to switch from DDG to find anything anymore, and when I do I'm frequently disappointed.
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