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Pinterest announced that Chief Financial Officer Julia Brau Donnelly will step down from her role on Oct. 30 after three years with the company
Pinterest Average Revenue Per User by region in Q2:
• US/Canada: $8.30 (+14%)
• Europe: $1.35 (+4%)
• Rest of World: $0.23 (+21%)
US/Canada monetizes at ~6x of Europe which monetizes at 6x of Rest of World per user
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Pinterest gave a revenue outlook for the current quarter that disappointed investors worried about the company’s momentum despite posting strong user and revenue growth for the prior period
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$PINS - Pinterest teases a new ‘Restyle’ feature that lets you redesign your room with AI - TC
Per Pinterest earnings call, open models they post-trained on their own data costs under 8% per transaction versus comparable closed models
Their CEO said: "Any CEO that’s not taking advantage of open source models is almost certainly wasting a lot of their shareholders’ money"
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