On August 10, 2012, Pinterest altered their policy so that a request or an invitation was no longer required to join the site. On March 23, 2012, Pinterest unveiled updated terms of service that eliminated the policy that gave it the right to sell its users' content. įounder Ben Silbermann (left) at the South by Southwest Interactive conference in March 2012 Silbermann and a few programmers operated the site out of a small apartment until the summer of 2011. This was followed by an iPad app and Pinterest Mobile, a version of the website for non-iPhone users. The launch of an iPhone app in early March 2011 brought in more downloads than expected. Silbermann said he wrote to the first 5,000 users, offering his phone number and even meeting with some of them. Nine months after the launch, the website had 10,000 users. The development of Pinterest began in December 2009, and the site launched the prototype as a closed beta in March 2010. The behavior struck a chord with Silberman, and he shifted the company to building Pinterest, which allowed users to create collections of a variety of items and share them with each other. Tote users were, however, amassing large collections of favorite items and sharing them with other users. At the time, mobile payment technology was not sophisticated enough to enable easy on-the-go transactions, inhibiting users from making many purchases via the app. Tote struggled as a business, significantly due to difficulties with mobile payments. The idea for Pinterest emerged from an earlier app created by Ben Silberman and Paul Sciarra called Tote which served as a virtual replacement for paper catalogs. It is operated by Pinterest, Inc., based in San Francisco. The site was created by Ben Silbermann, Paul Sciarra, and Evan Sharp, and had 450 million global monthly active users as of December 2022. Pinterest is an American image sharing and social media service designed to enable saving and discovery of information (specifically "ideas") on the internet using images, and on a smaller scale, animated GIFs and videos, in the form of pinboards.
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