Pinterest was not acquired by Microsoft or PayPal. via /r/wallstreetbets #stocks #wallstreetbets #investing

Pinterest was not acquired by Microsoft or PayPal.

Pinterest was granted a feature on Edge and assigned the CEO of Braintree/Venmo and COO of PayPal to be the new CEO of Pinterest, after a recent pivot to invest in shopping technology.

I am bullish on Pinterest. IMO Pinterest may become to Amazon what TikTok is to Facebook.

All short form social media performs financially weak. Twitter, Snapchat, Reddit, TikTok – this is because they do not own the ad networks that Facebook and Google have been able to establish.

Pinterest has at least designed its entire application around the concept of shopping and shopping experiences over influence and entertainment.

It has recently turned a profit as a result of its product execution. A change in expecting sometime in the future is to improve real-time/collaborative shopping experiences while possibly attempting to making Pay Later usage via PayPal/Venmo

Submitted July 06, 2022 at 05:24AM by notbrokemexican
via reddit