Are these pictures of desserts worth $7.7 billion? TheStreet.com, Jim “Mad Money” Cramer’s Web site, seems to think so: “Facebook values Instagram at $1 billion and LinkedIn has a market cap of $10 billion. Twitter claims it is worth $8 billion. So where does that leave the new kid on the block Pinterest? Well, it looks like you can pin $7.7 billion on your Pinterest board.” The site claims that the site’s soaring traffic places it in the upper echelon of social media valuations. But don’t get too crazy yet. Mashable reports that the exponential growth TheStreet sites may be slowing. Uh, it might be a little early to trust this. (via Melvin Martinez of The Martinez Report) source
Not a single person watched our ad and concluded that it’s cool to kill whales. In fact – and this is part of the reason we ran them – they have the opposite effect.Groupon CEO Andrew Mason • Attempting to explain that his company’s controversial Super Bowl ads were in fact – IN FACT – meant to be respectful to other cultures and environmental causes. “The last thing we wanted was to offend our customers – it’s bad business and it’s not where our hearts are,” Mason concluded. Too bad nobody took the ads that way. Commenters on the blog post are savaging him and the company for trying to be a little too clever with its commercial approach without explaining its reasoning. They could’ve saved themselves a lot of trouble had they actually put a domain name on the ad somewhere. source (via • follow)
In case you haven’t seen this hot mess, here you go. Groupon just exploited the Tibetian people to sell its wares, an advertising strategy not seen since, well, ever. While Groupon does have a point, you have to get all the way to this site to find it. The odds that people will reach this site and see the joke: Zilch. Way to go, Groupon. source
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