Social Media continues to be a hot area. Facebook will start trading priced at $38 a share on Friday, while the day before the big IPO another social media darling got a big bump in its valuation.
Pinterest raised $100 million at a $1.5 billion valuation, the round was led by the largest ecommerce company in Japan, Rakuten.
Betabeat.com did a nice piece on the skepticism around this valuation. It also has some insight from the CEO of Rakuten and how he sees Pinterest as a revenue generating entity.
Pinterest is driving online sales for other companies and below is an illustrated look at just how that is going.