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.