Jun. 18 at 1:40 PM
$PINS RDDT is 80x Sales? PINS is 17.9. Forget 80 for PINS. But how about 30? When the Economy BOOMS, and Advertisers are chasing the consumer with Ad$ on Pinterest, and Pinterest is also getting a % of the commerce action, I don't think PINS multiple is going to stay so downtrodden. It's going to be a Virtuous Cycle. Consumer health, Ad revenue, e-commerce revenue, Sales-xmultiple, finally, FOMO. If the Prez signs the Reconciliation Bill on July 4th, go out from there 18 months. It's gonna be a great Christmas that year.