Pinterest reviews

1. Compelling narrative but does not play out in reality for most advertisers, making it actually a hard product to sell. 2. Stagnating growth in US and lack of male audience requires a decent amount of spinning 3. Sales leadership is all over the place, they solve missing revenue goals by endless reorgs, which is leading to mass attrition of sales people. They are highly distractable by the latest big “deal” and fail do not have a solid plan in place to diversify revenue or focus on the big picture. 4. As a seller, it’s feast or famine. Revenue targets are often irrational leading often based on ambition rather than reality to a demotivated sales force. Compared to competitors, I would say this is one of the worst companies to work for if you like compensation stability. Pinterest is young, but not so young that they should have this much trouble setting realistic goals.

The company is scrambling to ipo likely this year but moving really slowly towards this goal and not being transparent at all about what’s happening. To make their multiplier look good they have also been doing a bunch of restructuring and significant pay cuts on various teams. They really screwed some teams over by justifying these pay cuts as industry benchmarking. Very short sighted in my opinion because they are punishing employees for being loyal and doing well and the people affected are really disappointed in the company. Pretty sure a lot of people are going to quit once they ipo. Everyone is just hanging around to see how much their options are worth. Most people think their options will be worth less than what they were promised at the point of joining the company yet the recruiters still use this as a perk to attract new hires.