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Pinterest CEO Bill prepared three years ago this Wall Street’s decision: Although the company’s share price intended to fall, the short-term welfare will prioritize long-term welfare.
Gambling paid. The visual discovery platform is now boasting more 570 million active userswith the gender of the generation 40% of the user baseThe largest and fastest growing demographics.
In February 2021, if a high level in the Covid Pandemic is high at the 2021 Covid Pandemic, Pinterest’s share price is 86%, in February 2021, 86%.
“There is a good job in positivity,” he said. Fortune In an interview in Cannes lions. “We can do a good thing by doing good things and are really long-lasting time.”
The most controversial movement ready after picking up the steers in Pinterest came in 2023 Pinterest has been the first main platform to consider for users under 16 years of ageTo prevent young users online and restricting certain social properties.
The decision was immediately relied upon the user’s attractiveness from investors, and the price of shares is 26% on April 14, May 5, 2023.
“When people declare this, we think that this will be our death with genes.” Ready. “But after a year, we had almost twice because of why Gen Z. was offset because we won”
Ready, a slightly contrasting approach, focusing on the health of the platforms, reflects the broader philosophy of the screen, which can develop by focusing on the health of the screen.
Unlike other social media companies that optimize algorithms to indicate the content of users who cause powerful reactions, Pinterest is reconsidered by the priority to choose to choose them to consciously.
“Social media has become poisonous after being chronological bait of what you think of your friends.”
“EU looks longer for what makes you employed,” he said. “We (Tech industry) began to maximize the appearance of the view with the same trigger content rising upward.”
Pinterest’s algorithm now appeals to calls called “Conscious Selection against Conscious Selection.”
Using the metaphor of drivers slowing to look at car accidents, people looked at the content of anxiety, in fact, they did not want to see more of it. “If you ask someone then, ‘Would you like to see someone else?’ The vast majority of people, ‘No, it was terrible. “”
Strategy gave yen Z users especially with resonance.
“If you ask a gen z user, ‘Why are you going to Pinterest?’ There are two things they tell you in a safe way, “he said. “First, ‘Pinterest just gets me.’ However, the other is a really large part of the Pinterest as a remote oasis from the toxicity they live elsewhere on the Internet.
“It should not be controversial to say that our users need to be faithful to long-term health. But what I tried to prove is that there is a positive job.”
The company often removed youth oriented initiatives from privacy parameters.
Pinterest shows school-age users in school hours, encouraging pop-up messages to the schools after classes, although it can be deprived and pass.
Attorneys on both sides of the Atlantic and the lawyer for the schools on telephones while working with regulators.
Ready, investors first acknowledge the decisive pressure.
“You must have faith and courage, ‘No, I believe that this is true (and) I will see it,” he said. “But you must deliver results.”
For Pinterest, these results have confirmed the long-term approach.
The platform has achieved calls called “something that is extremely rare among consumer applications:” actually falls in fact, “by successful, in the upper and outside.”
During the company industry, the success of the company allowed to receive a market share as economic uncertainty.
“If you give them alternatives, they will choose,” Gen Z users “are ready.” Fortunately, it is worked for us. “