Context: joshu founded Delicious.
Also, the fact that the userbase is mostly women is materially important in valuating the business, since female users are generally worth much more than male users.
According to Wikipedia, more men than women use Pinterest in the UK (https://en.wikipedia.org/wiki/Pintrest#Demographics).
I'm just looking at the comments on items on the Pinterest homepage: "Love this!", "WANT IT", "available now on Etsy", "Gift ideas", "can someone give me a link where i can buy it online". It's a veritable treasure trove of consumer information for people in the right markets. And it has just enough pictures of hot men, cute baby pictures and occasional silly memes to remain interesting.
Yes, it appeals more to women (and some gay men and arty types and so on), but in the right hands, it's a powerful tool for understanding and supplying the needs and wants of a significant market segment.
There's an interesting possibility for doing some kind of content partnership: imagine Pinterest TV, discussing all sorts of fashion and lifestyle stuff, with partnerships with existing media and retail brands - think Mumsnet or L'Oreal or Vogue or MTV...
A better analogy is probably delicious for women, at least in terms of having a mental framework to estimate the value.