With the #300 Million Virtue Purchase, Pinterest May be the Next Big Buy
Jennifer Gosnell — May 23, 2012 — Pop Culture
Whether you love or hate Pinterest, you can't say that it hasn't gotten huge, fast. The social media giant has increased since its original launch in 2010. With active users on all the time, the newbie network has garnered a lot of pins, a lot of attention and a lot of love.
As a result, mergers like Pinstagram and the Pinterest Facebook Timeline app have emerged to give users what they want in social media. Instagram was bought recently for $1 billion by Facebook and today, Virtue, which operates as one of the main Facebook advertising services, has been bought for $300 million dollars by software company Oracle. Is Pinterest next?
Being out of the loop on the social media frontier has proven to be a non-option. To not adjust is to die out, which is the ultimate doom of any brand, company, or product. Having a social media presence is crucial to the survival of any corporation in the 21st century. So who will get Pinterest and how will they utilize it?
As a result, mergers like Pinstagram and the Pinterest Facebook Timeline app have emerged to give users what they want in social media. Instagram was bought recently for $1 billion by Facebook and today, Virtue, which operates as one of the main Facebook advertising services, has been bought for $300 million dollars by software company Oracle. Is Pinterest next?
Being out of the loop on the social media frontier has proven to be a non-option. To not adjust is to die out, which is the ultimate doom of any brand, company, or product. Having a social media presence is crucial to the survival of any corporation in the 21st century. So who will get Pinterest and how will they utilize it?
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