jacktea65

Leaving out the fact that Alex's data is wildly inaccurate that is probably the worst possible way to try to value a company. The most obvious issue is that Pinterest has only been successful for a few months. There's a long list of Facebook apps that were hot for a while then dropped out of existence. Pinterest may still be added to that list.

Is that like "my monthly revenues are 2000% month-over-month" when your total revenues are $200?

Pinterest got this valuation because their story is that it's related to ecommerce. The thing is it doesn't seem like that's turning out to be very true at all.

It seems like what has made Pinterest really successful is that it's basically 9gag/tumblr photo/meme sharing. If you look at their content it's mostly of that type.

Products seem to be a relatively tiny portion of the content. I'm sure they can make a nice chunk of money off that content, but it's unlikely to be a really big business I think, especially if their content skews more and more towards memes/photo sharing which it has been.

I think we'll look back on Pinterest as an over-hyped fad I'm sorry to say. People love to rag on it but Groupon will probably look very good in comparison.