Pinterest Raises $100 MM at $1.5Bn Valuation
allthingsd.com
Pinterest Raises $100 MM at $1.5Bn Valuation
1–10 of 130 posts
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#2Normally I am not one to comment on fundraising, and I have stayed out of the whole "bubble" debate. But, honestly, this is really getting a little out of hand now. The whole funding situation is getting really frothy.
$1.5b pretty much prices them out of any real acquisition now for the most part. So is Pinterest going to go IPO?
Where do they go from here? That's the question of the day.
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#3I cheerfully await several more "Are we in a bubble?" blog posts to get posed to HN shortly after this.
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#4The justification for this frothy valuation is that somehow they will turn the browsers of pictures into buyers of products. It is a difficult task and wish them luck but I still don't understand why they would need $120 MM to accomplish it.
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#5Well I'm going to head off the predictable and boring "bubble" comments and say this:
Pinterest has real value and a clear path to monetization through affiliate and/or advertising revenue. It's really a stupidly simple idea (essentially scrapbooking on the Web) executed incredibly well.
Is it worth $1.5B? I don't know. I would say it's definitely worth more than Instagram for whatever that's worth (not a lot). I guess we'd need stats on number of active users, engagement and revenue to make that determination--something we're not likely to get.
The only concerning point to me is that that it's foreign money, only because foreign money seems to be less discerning, at least based on DST and similar investments.
Anyway, congrats to the team. They've done exceptionally well.
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#6The justification for this frothy valuation is that somehow they will turn the browsers of pictures into buyers of products. It is a difficult task and wish them luck but I still don't understand why they would need $120 MM to accomplish it.
Why is that the justification exactly? Seems like they have a variety of monetization options. That's one, but it's not the one I was thinking of and it would require a lot more work with more risk than other alternatives.
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#7The justification for this frothy valuation is that somehow they will turn the browsers of pictures into buyers of products. It is a difficult task and wish them luck but I still don't understand why they would need $120 MM to accomplish it.
We don't know if some of the $120MM is for secondary / cashing out existing investors / employees.
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#8I cheerfully await several more "Are we in a bubble?" blog posts to get posed to HN shortly after this.
These days, I cheerfully await any flame or karma bait posts that can come from any brand or celebrity name post. Bring on the "do(n't) learn to not use semicolons on privacy-hating Facebook or ship-jumpinging Google and (don't) hack Github" posts.
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#9If you want some justification, read this
http://www.shopify.com/blog/6058268-how-pinterest-drives-eco...
TL;DR - Pinterest drives as much ecommerce traffic as twitter with significantly more purchase intent
Re: Pinterest Raises $100 MM at $1.5Bn Valuation
#10Well I'm going to head off the predictable and boring "bubble" comments and say this: Pinterest has real value and a clear path to monetization through affiliate and/or advertising revenue. It's really a stupidly simple idea (essentially scrapbooking on the Web) executed incredibly well. Is it worth $1.5B? I don't know. I would say it's definitely worth more than Instagram for whatever that's worth (not a lot). I gue…
I do agree with you - this possibly has real potential.
BUT I think they need more time to answer these questions:
- Is this a fad, or is Pinterest here to stay? - Can they really pump up revenues the way they think they can? And can they do it fast?
It's like buying condoms before the first date. (Sorry for the inappropriate inference.)
I just feel like they needed more time and history before pulling in these types of numbers.