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by ricardobeat 5144 days ago
Serious question: how does a company like pinterest spend $100 million? That's enough money to keep SpaceX running for an year, hundreds of engineers building space rockets.

They don't seem to have, or need, a sales force. They hire mostly developers and designers, and I imagine having hundreds of them isn't of much use unless their service will change radically in the future. Ideas?

1 comments

I'd imagine a notable chunk is likely going to servers and infrastructure costs and another chunk will be reserved for current or potential legal expenditures.

But yes I agree its hard to understand how they are able to put all of that money to work - probably a lot goes into an "emergency fund".

Acquiring competitors, international expansion, a team to do deals with ecommerce sites.