Re:Pinterest Raises $150M at 2015 Share Price
by adventured on Tuesday June 06, 2017 @03:45PM
(#14500589)
They could. They should get to $1-$2 billion in sales and print a Facebook-like margin at 30% net income margins by keeping operations as slim as possible. Decent growth, 40 PE with a public listing (for however long this market stays up), $300m in net income on $1.2 billion in sales, $12 billion market cap. That'd be a real, sustainable business.
That's what Twitter should have done as well. Pinterest won't do it, for the same exact reason Twitter didn't, making the same business mistake with predictable consequences. They all want to be the next goliath and none of them are going to be (and when that reality sets in, they all become reactionaries under pressure from a dozen angles, working from a position of weakness).
That's what Twitter should have done as well. Pinterest won't do it, for the same exact reason Twitter didn't, making the same business mistake with predictable consequences. They all want to be the next goliath and none of them are going to be (and when that reality sets in, they all become reactionaries under pressure from a dozen angles, working from a position of weakness).