"We thought that a good move was to make sure that the people who are operating the company, who have been long-term operators, control the destiny of the company," he said. Silbermann said they opted for the structure to ensure "that we're running the company for the long-term." Pinterest has a dual-class structure that concentrates voting power among its major stakeholders, including Silbermann and his co-founder, Evan Sharp. "So over the last couple years and for the foreseeable future we're going to work on bridging that gap between seeing something inspirational and finding a product from a retailer that you trust at a price point that makes sense for you." "The really cool thing about advertising on Pinterest is that people are there to get inspiration and do things, and that often means buying," Silbermann said. Silbermann said he is focused on expanding Pinterest's global presence and making it a place where businesses can reach their target audiences. We don't claim to be a free speech platform or a place that everyone can publish anything." "And I think that's something we're enabled to do by the fact that we're an inspiration platform. "On anti-vaccination, our thought was, we're not the best place to get medical information and so it's not our responsibility to be serving things up, so we put a pause on that," Silbermann said. Recently, Pinterest restricted search results related to vaccinations once it became aware that it was becoming a vehicle for the spread of misinformation encouraging people to avoid vaccines. No cash balance or cash flow is included in the calculation.This distinction has helped Pinterest avoid becoming embroiled in some of the same controversies as other tech platforms. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. The forecasted Pinterest price at the end of 2023 is 26.98 - and the year to year change +11. Today, Pinterest traded at 25.03, so the price increased by 3 from the beginning of the year. This information is provided for illustrative purposes only. Pinterest Stock Price Forecast 2023-2024 Pinterest price started in 2023 at 24.28. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Changes in these assumptions may have a material impact on the backtested returns presented. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested performance is not an indicator of future actual results. Back to PINS Overview About Latest Pre-Market Trades Nasdaq provides market information before market opens daily from 4:15 A.M. Disclaimer: The TipRanks Smart Score performance is based on backtested results.
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