Serious question: how does a company like pinterest spend $100 million? That's enough money to keep SpaceX running for an year, hundreds of engineers building space rockets.
They don't seem to have, or need, a sales force. They hire mostly developers and designers, and I imagine having hundreds of them isn't of much use unless their service will change radically in the future. Ideas?
I'd imagine a notable chunk is likely going to servers and infrastructure costs and another chunk will be reserved for current or potential legal expenditures.
But yes I agree its hard to understand how they are able to put all of that money to work - probably a lot goes into an "emergency fund".
They don't seem to have, or need, a sales force. They hire mostly developers and designers, and I imagine having hundreds of them isn't of much use unless their service will change radically in the future. Ideas?