Why Pinterest makes no money but it’s now worth $3.8 billion

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Why Pinterest makes no money but it’s now worth $3.8 billion (via Pando Daily)

By Carmel DeAmicis On October 23, 2013AllThingsD just broke the news that Pinterest has raised another huge round with an even fatter valuation, and it’s done it without any revenue to boot. Late-stage investor Fidelity Investments led the round,…

Joel Greenblatt Owned Hedge Fund On Why Value Investing Isn’t Working Now

Joel GreenblattAcacia Capital was up 12.27% for the second quarter, although it remains in the red for the year because of how difficult the first quarter was. The fund is down 14.25% for the first half of the year. Q2 2020 hedge fund letters, conferences and more Top five holdings Acacia's top five holdings accounted for Read More