Meet Pinterest’s Little-Known Third Cofounder, Who Has A $675 Million Stake

  • 📰 Forbes
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Several high-profile entrepreneurs and investors are poised to get a market valuation for their ownership stakes when Pinterest goes public later this week, notably its top executive, CEO and cofounder Ben Silbermann

These days, Paul Sciarra spends much of his time thinking about electric-powered air taxis. Nine years ago, he was focused on image sharing as one of the three cofounders of fledgling social media firm Pinterest. As Pinterest prepares for its initial public offering this week, the two other cofounders — CEO Ben Silbermann and chief creative officer Evan Sharp — are in the spotlight.

At the time, other sites like Facebook and Twitter were text heavy. While Facebook was focused as a place for connecting with friends, Pinterest was a place for connecting with interests and hobbies alongside people you likely didn’t know in real life. Sciarra, a former New Yorker, reportedly kept collections on Pinterest of his favorite New York City restaurants.

“We and Pinterest got turned [down] by almost every VC in our early funding rounds,” Sciarra said in an email. Sciarra, however, didn’t stay at Pinterest for long. While regulatory documents from 2010 list him as Pinterest’s president and CEO, Silbermann, a former management consultant, reportedly started taking on those duties in early 2012. Soon afterwards, Sciarra announced he was departing Pinterest.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meet Pinterest’s Little-Known Third Cofounder, Who Has A $675 Million StakePinterest CEO Ben Silbermann and chief creative officer Evan Sharp have long been expected to be big winners in the company’s initial public offering this week. But a third cofounder, Paul Sciarra, who has flown mostly under the radar, is one of the company’s largest individual shareholders.
Source: Forbes - 🏆 394. / 53 Read more »

Meet Pinterest’s Little-Known Third Cofounder, Who Has A $675 Million StakePinterest CEO Ben Silbermann and chief creative officer Evan Sharp have long been expected to be big winners in the company’s initial public offering this week. But a third cofounder, Paul Sciarra, who has flown mostly under the radar, is one of the company’s largest individual shareholders.
Source: Forbes - 🏆 394. / 53 Read more »

Burger King's CEO reveals how Chicken Fries helped reinvent how the chain thinks about foodChicken Fries sparked a revolution at Burger King, according to the new CEO of parent company Restaurant Brands International.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Kohl's CEO: Planet Fitness, Amazon partnerships are critical to right-sizing our storesKohl's plans to expand its kiosk and returns program with Amazon to 200 stores, while active and wellness has become 20% of its business, CEO Michelle Gass says. What? Silly
Source: CNBC - 🏆 12. / 72 Read more »

SAP CEO aims to double market value to 250-300 billion euros by 2023: reportEurope's largest technology company SAP aims to more than double its market... that shouldnt be an aim..that could be the result of a strategy but prioritising mkt cap is just dumb..$SAP..another strange German ceo ($VW3, $Bay..?
Source: Reuters - 🏆 2. / 97 Read more »