Nick Tippmann
Another day, another possible black mark on Pinterest. The site that has been marked in the past with Link Baiting, Spam issues, and copyright infringement maybe up to it one more time. Business Insider is reporting that “VC’s” are trying to get a new round of investment valued for the company at around $1 billion dollars. There is just one problem with that, everyone they’ve called to talk to has denied it with no known knowledge of a new round. Nor does Pinterest “want” to raise a new round of funding as of yet they claim. This is also a company that still has no business model for revenue yet as their past one with links didn’t work out.
What they are hearing is VC’s are trying to bribe and are showing up uninvited to Pinterest in hopes of starting those talks.
Could it be a rogue investor trying to drum up more interest as one of the original investors as either bringing more money in or a possible exit plan? Or could it just be that Pinterest is trying to drum up hopes of another round, so that hopefully someone buys them out instead.
Source: Business Insider
