Pinterest valuation
They have been flat for 2 years. Are they still overvalued? Latest info I could find is http://fortune.com/2017/06/06/pinterest-valuation-flat/ which claims $500m expected revenue. At $12B that’s still a 24x multiplier, much higher than FB. Seems unlikely they could IPO at current valuation without doubling revenue at least.
If Snapchat is struggling with their DAU, I doubt Pinterest is only becoming irrelevant as time went by.
2y flat oof
200m users, 30% steady annual growth using our other disclosed numbers before that. 200m is dated but last number we posted, and I know that we've grown since then.
I don't really understand why Pinterest is valued at what it is. I have never met a person who actually uses Pinterest.
I do, mostly for bookmarking
I presume you can consider a world in which your social circle is not representative of the world. Many tech people are confused, but 200m users and we have publicly disclosed past numbers that show a pretty steady 30% annual growth rate. 200m is dated but last number we posted, and I know that we've grown since then.
Uber’s revenues (after driver payouts) are at least 16x higher than Pinterest’s, and still growing. And they call us overvalued :facepalm
Cash positive is the king.
Pinterest doesn't burn through billions of dollars every quarter.
Sustained growth and $500m after only 3 years of making ad revenue. Its probably the only startup valuation that is neither undervaluing nor overvaluing the company.
Winter time for start ups and IPO.