Ever since its launch 5 years back, Pinterest has revolutionized the concept of online content sharing. According to data by Shareaholic, Pinterest helps to produce more than twice as many social media referrals to websites in comparison to Twitter.
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In an interaction with WSJ, Pinterest Inc. Chief Executive Ben Silbermann said that Pinterest would be generating its first revenue this year by charging advertisers to promote their product. This would help the company generate as much as $500Mn by 2016.
As it completes its first five years, let’s review Pinterest’s history so far: