This article I read is about investors pouring their money into the new social media site Pinterest. Last year investors gave the site another 250 million dollars for future enhancements of Pinterest which now stand at 3.8 billion dollars. The article is called Why Investors Love Pinterest So Much and it explains how Pinterest hasn't made money yet, but investors believe that it will be something international for the future of social media. Pinterest is currently working on step two to try and bridge the gap between getting users and making profit. In my opinion, Pinterest could become a cash cow with advertisements and selling products on their site. This site is already extremely popular and growing internationally. There is currently 10 countries where Pinterest is currently launched and operating. This will expand in the future and change the way buyers purchase items online.
http://www.businessweek.com/articles/2013-10-24/why-investors-love-pinterest-so-much
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