According to Business Insider, David Lawee of Google is taking a look at Pinterest. He tells Business Insider, ‘If you look at what we’re rooted in, it’s kind of obvious what we’re looking for.’ He goes on to discuss the importance of ‘discovery of video,’ which is something with which Pinterest could certainly help. Lawee also goes a step further and says, ‘Pinterest is a phenomenon that’s extraordinary.’
Of course, Business Insider is suggesting an acquisition price of around $2 bn, simply because Google can afford it and needs to make a move in the social space, but I still can’t get my head there.
Source: Business Insider