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The Telegraph might need a new Senior US Technology Correspondent

This is, well, umm:

The British founder of Bebo has emerged as one of the winners from Pinterest’s $10bn (£7.7bn) flotation after backing the photo sharing app eight years ago.

Michael Birch, who sold the now-defunct social network for $850m in 2008, first invested in Pinterest in 2011 when the company was worth just $52m.

The San Francisco photo-sharing app’s listing on the New York Stock Exchange on Thursday valued it at more than $10bn, and its value rose to almost $13bn after shares rose by 25pc in early trading.

Pinterest as a photo sharing app? Well, no, not really. The usual American phrase for it is “scrapbooking”. And, well, sure, piccies do get shared but that’s not a useful description of what is being done there.

Seriously, buck up Telegraph.

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Bloke no Longer in Austria
Bloke no Longer in Austria
6 years ago

I literally do not see the point of Pinterest.

Roué le Jour
Roué le Jour
6 years ago

I used to look at Pintrest as I am an abandoned building junkie, but I made the mistake of clicking on a kitten story once and Pintrest added “animals” to my profile and started sending me pictures of abused animals. So I left.

Hallowed Be
Hallowed Be
6 years ago

An image search is quite likely to bring back images on Pintrest Given that that image very likely exists somewhere else on the internet i wonder if they’re vulnerable to a Google pageranking change or whether that traffic is incidental to their business.

Bloke no Longer in Austria
Bloke no Longer in Austria
6 years ago

I guess it’s because I am not interested in what other people are looking at.

I was so unimpressed by it, I never even bothered searching for scantily clad East European women

SimonB
SimonB
6 years ago

I don’t have a problem with it but worth $13 billion? Bollocks is it.

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