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

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,…

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