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Is Pinterest going to make any money?

Are you riding the Pinterest wave? Many are quite with the new social media darling, but the BIG question is will Pinterest ever make any money?  

Julian Green is the Founder of Jetpac, founded Houzz, has been starting and running technology businesses in Silicon Valley since 1998, including six years as a senior executive at eBay – he argues that the image-browsing site Pinterest may be the new social-media darling – but people won’t actually buy anything through it…

For those who haven’t been madly pinning, Pinterest is a wildly successful image browsing website. Before the internet, we used to browse beautiful things for free by roaming the aisles of shops, or cutting pictures out of old magazines and sticking them to the wall. Now we have Pinterest and a range of social curation sites that enable us to search for and pin gorgeous images to virtual boards, and then share them. Eventually Pinterest will have to make money, but it will have to be from browsers, not buyers, because Pinterest won’t drive significant purchasing…

Read the full article in the Telegraph

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