Pinterest Valued At $2.5 Billion




The social networking site Pinterest, which launched in 2010 and allows its users to pin images onto online boards, is apparently worth an incredible $2.5 billion after a new round of funding talks began.

The site attracted 48 million global users in 2012, a figure which was just 9 million a year earlier. It’s those stats which have grabbed the attention of investors, who are keen to back Pinterest despite its low revenue.

If you’re a regular user of Pinterest, which was founded by 29-year-old Ben Silbermann, you’ll know there’s a lot of potential for the site to make money, something recognised by Silbermann in a recent interview.

“A lot of last year was keeping up with growth [and] the big change with touchscreen devices. [Now] we’re building foundations to monetise.”

There are several revenue streams for the company to explore, from helping businesses get the best from the site’s traffic, and assist in turning pins into sales, taking a cut as e-commerce platforms would.

In the company’s short years, it’s become popular with consumers and even won over investors, now all that it needs to do is make money.


THE STUDENT MAGAZINE
.
Suite B,
Windsor Business Centre,
Trinity Point,
B63 3HY

Info@thestudentmagazine.co.uk
.
.

EDITORIAL
LIFESTYLE
ENTERTAINMENT
FASHION
SPORT
WIN
d
TH
.

ABOUT
CONTRIBUTORS
MAGAZINE
CONTACT
SUBSCRIBE
d

~~\Test
2