Originally posted on PandoDaily:
$762.5 million in funding. A $5 billion valuation. 70 million hyper-engaged users who actually buy shit, and that’s just as of last year — this number is almost surely higher today.
And yet Pinterest doesn’t always get a lot of respect among many New York and Silicon Valley elites. Maybe it’s because 92 percent of its activity is generated by women, who are disproportionately unrepresented among venture capitalists and venture-funded founders. Maybe it’s because the network is favored by people between the coasts. Maybe it’s because the community is focused largely on fashion and food and other things real actual Americans aren’t afraid to admit they care about. Whatever the reason, as “New York Magazine”‘s Kevin Roose puts it, “You don’t see lengthy dissections of [Pinterest's] news feed algorithms, worried hand-wringing about its future, or personal essays about the emotional solace it provides during times of trouble.”
But as little respect as…
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