Pinterest who invented
Pinterest couldn't afford an office at the time, so it got a "tiny house. This guy, Dave, was actually living in the office. But he wasn't a Pinterest employee. This poster was on the wall of the office. It was originally hung at Facebook, where Evan worked for a while. Ben says this venn diagram explains how he's felt Ever since Pinterest started taking off. He says he feels this way because technology is like Highlander: "there can be only one.
First place takes all; second place takes very little value. So…where is Pinterest going? Ben says it'll help you connect with the most important things in your life. The jeweler on the left puts all his future designs on Pinterest. Every day, the woman on the right finds a craft to do on Pinterest and then blogs about it. Pinterest's mission is to get you offline and do the things you love. Pinterest also wants to be a place where people discover beautiful things they didn't know you were looking for.
Like this grocery store…. These days, Pinterest has a new "real" office, says Ben. Here's the space. And here's the team, now into "double digits. Another shot of the team. If you want, you can watch Ben's entire speech. So…want to know about the other Silicon Valley startup that got huge really fast? Loading Something is loading. However, Pinterest actually shares more in common with Amazon.
Because the two companies set out to be the best at what they did by focusing relentlessly on their users, and in doing so actually became something else entirely. There are several reasons for this:. Even if people ultimately buy something from a site other than Amazon, the chances are pretty good that they at least checked Amazon first. It happened organically over time, just as it did for Amazon. As far as consumer computer vision goes, Lens was and is amazing.
Being able to quickly and effortlessly identify distinct objects in a given image has incredible commercial potential, as it gives Pinterest users the means to not only identify, but also purchase, the things they see around them with virtually zero effort.
This puts Pinterest as close as it possibly can be to those momentary impulse purchases that can be so difficult to isolate and optimize in the typical sales funnel, and minimizes friction at those crucial moments. Launched simultaneously alongside Lens was Instant Ideas. This simple, yet highly effective, tool added a small circle beneath each pin. Users could tap these circles to be presented with a range of items and pins relevant to their original image.
Instant Ideas might not have been as technologically impressive as Lens, but it was another crucial step toward dominance of visual search for Pinterest. Pinterest has always been a strongly technical company.
Unlike other sites and social media services, however, Pinterest has never marketed itself as a technology company. They only care about how it can help them find a lampshade to match their new throw cushions or a pair of running sneakers they can coordinate with their new leggings. In , Pinterest partnered with Target on a pilot program in which Pinterest users could take pictures of merchandise in Target stores, and Lens would offer suggestions for visually and thematically similar items on Pinterest.
Although results were restricted to items available from Target stores and did not include results from competing retailers, the initiative was a hint of things to come. By , just eight years after Silbermann, Sharp, and Sciarra first unveiled their prototype, Pinterest had become a social behemoth. The site had almost M users, more than M of which were outside the U.
More than 1B boards had been created. Users had pinned more than 50B images. What investors really wanted to see, however, was revenue growth. Pinterest missed its revenue targets for the first half of , but overall, the company appeared to be reasonably financially healthy.
Despite modest revenue growth in recent years, Pinterest still faces an uphill struggle. Pinterest grew incredibly quickly because people already instinctively understood how Pinterest worked and it appealed to a very broad and diverse audience. While Pinterest had taken some steps to monetize its service over the past eight years, much of its attention had been spent on developing Pinterest as a product.
If the company hopes to survive, it must monetize—and fast. There are several potential directions in which the company could go—although some moves are more likely than others. Where could Pinterest go from here? Pinterest has to go public.
This is a problem that also plagued Instagram during the earlier days of its own monetization efforts, particularly as it partnered with nationwide retailers such as Target.
A likely move for Pinterest is to make this aspect of its platform more accessible, which will significantly boost revenues. This could be accomplished by introducing further pricing tiers to accommodate advertisers with more modest ad budgets, or even the implementation of locally focused ads to appeal to small businesses that rely on local search.
To achieve its urgent monetization objectives and move beyond search as a critical weakness, Pinterest could invest significantly in becoming a visual commerce platform; just as Amazon has become the most popular de facto product search engine, Pinterest could shift to become a primarily visual way of searching for things to buy.
Pinterest has learned some valuable lessons over the past eight years, but what lessons can Pinterest teach us? Take a look at your product and your roadmap for the next six months, then ask yourself the following questions:. Ask intelligent questions, and act based on the feedback you get. Pinterest defied the odds to become one of the largest social media sites in the world. Making a product launch video in 2 hours.
Many quote their poor or total lack of coding skills as the reason they can't build products. I am a below-average developer.
So, I thought of writing about how I built Scale. Introducing Scale - one new open-source, high-quality illustration each day. Today, I bring to you the most ambitious project I have taken up to date. It's called Scale. The promise is simple. A new, free, open-source, high-quality illustration each day.
Easily adapt the illustrations to your brand style using our colour picker. Oh and if it wasn't already clear, you can use them without any attribution! There are three parts to solution - addressing email deliverability, relevant personalisation and following up appropriately.
For your LinkedIn posts to get traction, besides quality content, you need to follow certain best practices - good content structure, choosing the right time to post, getting quick likes in the first hour, etc. CRM solutions along with other modern no-code tools can build a solid backend infrastructure for your startup. The key is being able to identify the tasks for which automation actually makes sense.
Try Flexiple. Sometimes we'll profile great startups , or write about breaking news. And sometimes we post stuff that is weird , cool, or funny. This post falls into the last category. There is an extremely creative and talented Dutchman named Jo Luijten who is creating some of the coolest and most cleaver tech satire I have seen this year.
He has amassed 3MM viral views in in the past few months and I'm excited to partner with him on his latest video project, If Pinterest had been invented in the '90s.
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