Pinterest Raises $100 MM at $1.5Bn Valuation

Re:Pinterest Raises $100 MM at $1.5Bn Valuation by bentlegen on Thursday May 17, 2012 @02:11AM (#3985706)

That $15 billion number was inflated. It was valued at $10 billion in January 2009, at which point it had "made a penny directly in advertising". It also had 175 million users the following month, or 17.5x the number of users of Pinterest.

http://online.wsj.com/article/SB124335674958054943.html

http://www.insidefacebook.com/2009/02/14/facebook-surpasses-...

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Re:Pinterest Raises $100 MM at $1.5Bn Valuation by muhfuhkuh on Thursday May 17, 2012 @02:29AM (#3985751)

So, pricing it around 1/10th the price for 1/17th the users is execessive, but it should be worth at least a billion, right?

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Re:Pinterest Raises $100 MM at $1.5Bn Valuation by Travis on Thursday May 17, 2012 @03:16AM (#3985862)

All else equal, maybe.

You know what screams "bubble" to me? Everyone defending valuations by comparing the company du jour to Facebook.

It's like arguing that Webvan wasn't overvalued because Amazon.com has been successful. Unless a seriously meaningful connection between Facebook and Pinterest is drawn, the comparison is meaningless.

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