Pinterest: A Virtual Pinboard Revolutionizing Online Discovery
Pinterest, founded in 2008 by Evan Sharp, Ben Silbermann, and Paul Sciarra, has become a leading virtual pinboard platform with 12 million unique monthly visitors in the U.S. The company has raised $37.5 million across various funding rounds, including angel investments and Series A and B funding. Pinterest's success lies in its user-friendly design and intuitive image-based interface, making it an attractive platform for users seeking inspiration. With a robust business model leveraging affiliate links through partners like Skimlinks, Pinterest stands out in the competitive landscape.
Pinterest: A Virtual Pinboard Revolutionizing Online Discovery
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Presentation Transcript
Pinterest Cheng Chen
Financials • Funding: $37.5M • Skimlinks • Affiliate links • 12 million unique monthly U.S. visitors
History • 2008, founded by Evan Sharp, Ben Silbermann, Paul Sciarra • Investment • Angel, 1/10 $500k • Series A, 5/11 $10M • Series B, 10/11 $27M CEO Ben Silbermannat SXSW
Secret Sauce • Simplicity and well designed UI • Image is inituitive • Business model