This post is from AllTechie News
Pinterest has pulled quite a bit of attention away from Facebook. From Oct. 2010 to Oct. 2011, the site grew from 40,000 to 3.2 million monthly unique visitors. That’s 8,000%.
Here's a great example of curation in action:
**Pinterest leverages web content from Tumblr like no site that has ever existed, thus riding on top of its network-effect while not requiring user generated content like many services.
**They ve also perfected in-network virality (pin, repin, like) in addition to out of network sharing (Facebook, Twitter) to grow virally.
**For these reasons Pinterest could conceivable be the most successful site of its kind in the future.
**Pinterest is already threatening to monetize, as those Midwest housewives are literally using it for shopping discovery, which Pinterest can profit off of by taking attribution for purchases that originate off its platform.
**Several people have purchased stuff spontaneously via random discovery on the site.
**Pinterest should be thriving a year from now (the author suggests 30 million users next Thanksgiving) and also spawn hundreds of copycat startups in other verticals.
Curated by Jan Gordon covering "Content Curation, Social Business and Beyond"
Read full article here: [http://bit.ly/ysH3kI]