Pinterest has avoided the pitfalls of other social-bookmarking sites, and is well on its way to developing a solid business model, with the possibility of a promising IPO.
Price tags for social media companies have skyrocketed since Facebook debuted in 2004. These startups were valued at a billion dollars or more.
Pinning has become a popular hobby among the 12 million users, mostly women, who go to Pinterest for fashion, cooking, and home decorating ideas. And now it looks like investors are also looking to pin the site to their portfolios.
Barry Diller’s IAC is reportedly looking to sell half of Vimeo. Last night PandoDaily’s Erin Griffith reported that “two sources familiar with the situation” say that IAC is pairing a spinoff of Vimeo with a $50 million round of funding
It doesn’t matter that we’re coming up on the end of Q4. There’s A LOT happening in the social media IPO market right now! Check out these 10 companies:
In fairness, how much of that $20 billion did it deserve anyway?
The best things come to those who wait… even if we want them right now.
According to Business Insider, Tumblr is speculating to raise about $75 million to $100 million at a valuation in the range of $800 million or even higher.
We might not get a cut of this deal, but there’s a lot we can learn from it
Could this affect the quality of talent social media companies can hire later?