Elliot Capital and Pinterest
Pinterest is a good business. It has a gross profit margin of 80%. It has $400 million in EBITDA. It has $2.5 billion in net cash, 450 million users and an enterprise value of 15x cash flow. Fantastic, right? The trouble with Pinterest is, compared to say Snapchat, it has not been as successful at monetizing its users. This i…
Keep reading with a 7-day free trial
Subscribe to Mateen's Newsletter - Discuss The Tape to keep reading this post and get 7 days of free access to the full post archives.