Pinterest’s Rite of Web Passage — Huge Traffic, No Revenue
If you haven’t heard of Pinterest, you likely will soon.
Traffic to the website — which lets users create online scrapbooks to share images of projects or coveted products — has grown tenfold over the past six months. In January, the number of visitors on Pinterest.com was almost a third of that on Twitter.com.
There is one problem: The 16-person Palo Alto, Calif., start-up isn’t sure how it is going to make money.