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Social networking service Pinterest is to receive $100m (£63m) in funding from Japanese internet retailing giant Rakuten and existing investors.
Analysts subsequently put a value on the two-year-old company of $1-1.5bn.
Without users the site is worthless so the valuation is based on users.
joined:Jan 3, 2003
but its nice to know that we can all be billionaires in two years time...