Did Google just offer Pinterest $2B?

14 points by deepbedi 14 years ago | 7 comments

A family friend, who happens to be a well known entrepreneur/investor, just mentioned that he heard Google offered to buy Pinterest for $2B (and they turned it down). Anyone have any merit to this "rumor"? Just curious...

knes 14 years ago |

The Business Potential with Ads and Ecommerce is huge on Pinterest and with the current trends of acquisition, $2B is more or less the right price of Pinterest. But that would bring it to $100 / user ( if you take the 2M users number from this TC article http://techcrunch.com/2012/02/11/pinterest-stats/ )

bmelton 14 years ago | |

That was way back in February. Last I looked they were up to 7M users, and that was probably a month ago.

A recent USA Today article says that their 'active' logins are 'leveling off' to 8.3M, from 12.2.

windsurfer 14 years ago |

If Pinterest was worth that much, I wonder how much Reddit would be.

dglassan 14 years ago | |

Not $2 Billion. Pinterest is valuable because the site's users show interest in products by pinning or liking them. That's a marketing goldmine for brands and advertisers. Not to mention Pinterest is driving huge amounts of traffic to e-commerce sites.

Sure, Reddit get insane amounts of traffic but cat pictures and comics aren't nearly as monetizable.

molsongolden 14 years ago |

Serving hyper-targeted ads on pins?

LiquidSummer 14 years ago |

That would be mental! $2B!?

sidcool 14 years ago |

Don't scare us!