This Company's Intangibles Make It an Intriguing Investment

·3-min read
This Company's Intangibles Make It an Intriguing Investment

Founded in 2008, San Francisco-based Pinterest (NYSE: PINS) has seen a rapid ascension to its current $35 billion market capitalization, having more than doubled from its initial public offering in 2019. Ultimately, I believe this sell-off appears to be short-sighted, as Pinterest's underlying intangibles and immense brand power are stronger than ever. With over 450 million monthly active users (MAUs), Pinterest has become the go-to source for inspiration as these Pinners use the company's visual discovery engine to curate a nearly infinite number of interests.

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