PINS has 5200 employees! What The actual F are 5200 people doing?
This company exemplifies the "dead internet". No way they grow, let alone hit their targets.
Going short.
PINS has 5200 employees! What The actual F are 5200 people doing?
This company exemplifies the "dead internet". No way they grow, let alone hit their targets.
Going short.
What if the dead internet is where the profits are?
https://investor.pinterestinc.com/news-and-events/press-rele... "Pinterest Announces Fourth Quarter and Full Year 2024 Results, Delivers First Billion Dollar Revenue Quarter"
(presumably the money is from advertisers, and the 5200 people are on the phone to advertisers persuading them to increase spend)
Except machines dont pay for products or services... show all the fake ads you want to all the fake profiles you can, inflate your figures to the moon but in the end, the results for the advertiser will determine media value not the fake metrics.
All digital media is a race to the bottom. It appears that Pinterest is falling very fast.
There definitely is a line you can cross with ineffective advertising sniff but that line can be hidden pretty well by now.
> Q4 Revenue of $1.15 billion, an increase of 18%
That's unreal tbh. Clearly I'm living in a bubble thinking "who the hell still uses Pinterest".
I work in the same building as Pintrest - they have prime real estate in the centre of Dublin, with an office that looks to be tricked out to the max - and sometimes I see some people in there, but nowhere near the numbers the space can accommodate.