One is picture aggregator where people pin their ideas and do nothing after that. Download app -> Delete once again $Wish is similar checkout item. See Chinese cheap garbage π and delete once again. $Pins gets money from ads who think running ads on any platform with users would yield ROI. But Ads space is too congested now that some clear competitor will emerge very clearly for better ROI. If you are a large company -> google ads If you are seller & selling via Amazon -> Amazon ads If you are very small-med business-> Facebook ads/Instagram ads. $wish stupid business sense. Low float items are shipped across the world. Logistics is already a low margin business on top of that international shipping π Letβs see if there is any pulse left and can business turn around or cash till the last drop aka company announce bankruptcy. Market is anyway brutal and unforgiving for unprofitable companies. πͺπͺπͺ #pinterest #wish
Microsoft tried to buy them at 51 billion πΈ π€·ββοΈ For context: Right now its at 14B mcap
Good, consolidation is a cancer and will be how our wages will be suppressed in the long term
You canβt sell your ponzy scheme to investors for long π All they sell as unique selling point is their Machine learning algos and recommendation system which every company is doing nowadays so net neutral on that front. When it comes to business sense and utility: itβs 0 Lastly, app is pure garbage with no UI/UX probably made as a side hustle school project π€£
Ouch
Seems like someone failed the interview. Try again in sometime bud.
Okay hopefully pins is still around by that time π€π»
Same probability as whatever ape platform you are currently at.
OP, check the balance sheet first of these two companies before showing how ignorant you are
Lol great DD
Donβt worry I will give some leap of faith and buy at $15
Looks like someone didnβt get their daily π
Am I supposed to take someone from mail chimp seriously?
When is shopping π getting enabled
Op, our dear chimp (erm sorry I mean champ lol) if youve deleted the app how would you know ? Shopping Pins have been live for a bit.
So pinterest makes over 2B from ads per year, is profitable and we barely started monetizing internationally and you think it's like wish. Man, you're dumb as fk
More than 3b this year πππ
Another ouch
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Quitting this Slave life
what happened to mailchimp
Nothing just doing fundamental analysis
Lol you for sure don't know what fundamental analysis even means. I'm sure you have zero financial education, otherwise you would have opened the 10k docs and checked income statements and balance sheets for starters.