Pinterest valued at $11B, Money just being printed out of thin air!!

[S2007S]

Another day another round of funding creating another billion dollar start up valued more than $10,000,000,000.....Less than a year ago it was worth about $5 Billion, less than a year its doubled in value???
Thank BUBBLE ben bernanke for all that cheap money thats creating another asset bubble thats going to burst!


Pinterest has raised $367 million in its latest round of financing, giving it a valuation of $11 billion and making the social discovery site one of the most valuable venture capital-backed startups.

The makers of the visual bookmarking tool confirmed the financing Monday in a filing with the Securities and Exchange Commission. The company is looking to raise as much as another $211 million, a spokeswoman said, for a total of $578 million raised in the Series G round.


http://www.cnet.com/news/pinterest-valued-at-11b-after-latest-round-of-funding/

 

[Baron]

I actually like Pinterest as a service because it spawns and fosters creativity while keeping all those new ideas and images organized along the way. Twitter does the exact opposite which is why I don't like it.

 

[Nine_Ender]

I actually like Pinterest as a service because it spawns and fosters creativity while keeping all those new ideas and images organized along the way. Twitter does the exact opposite which is why I don't like it.

How are S2007S's daily rants ever seriously to be considered "Wall Street News" ? He's clearly deranged, mad about the Federal Bank and how he missed profiting from one of the best bull markets in our lifetime. So the residual is bitching about the fed on here and trading triple ETFs trying to chase profits he missed since 2009.