Posts tagged tumblr
When I first saw pinterest, all I thought was, this is essentially a Tumblr theme. A Tumblr theme with a similar widget for clipping content to your site. Surely, by having such low barriers to competition and how great Tumblr’s social platform is for people who like to share, this is a passing fad.
It looks like I couldn’t be more wrong. I’ve just read their latest round values the business at a bat shit crazy $1 billion. I just didn’t see them getting enough traction to make them an affiliate giant that would benefit Amazon.
That’s more than the current market valuation of the New York Times.
Learning that I’m wrong 98.476% of the time is nothing new. However, I have learnt from Pinterest showing genuine insight into their target audience and delivering a simple user experience to match.