Two female employees of color who quit last year also publicly discussed their experiences with racist and sexist comments, pay inequities and retaliation at the company. In December, it agreed to pay $22.5 million to settle a gender discrimination and retaliation lawsuit from its former chief operating officer, one of the largest publicly announced individual settlements for gender discrimination. The San Francisco company also faced social unrest last year. Pinterest added 100 million monthly active users last year and now has a total of 450 million monthly active users. Huge collection, amazing choice, 100+ million high quality, affordable RF and RM images. It has also expanded internationally.ĭuring the pandemic, the company experienced a surge of interest as people were locked down and turned to more digital activities. For some time now they've also given you the option to publish your images online using VSCO Grid, and have recently updated their app to include a new feature: Journal. Since Pinterest went public, its revenue has grown, though analysts have said they don’t expect Pinterest to become regularly profitable until 2022. VSCO Cam is a well-known name in the world of smartphone photography, with a polished app that allows you to shoot and edit photos on the go. The idea of VSCO girls went viral, inspiring social media imitation, mockery, memes and Halloween costumes.įor Pinterest, buying a once-buzzy start-up that was popular with younger audiences and that has expertise in photo- and video-editing technologies could bolster its core service, the people said. In 2019, it became popular with a Generation Z group that came to be known as “ VSCO girls,” who were known for wearing Crocs and carrying Hydro Flasks. VSCO, a 10-year-old start-up, makes an app for editing and sharing images and videos. Pinterest, a digital pin board site that went public in 2019, lets its users discover and save images to inspire creative projects or to plan important aspects of their lives, including home renovations, weddings and meals.
Pinterest and VSCO, which stands for Visual Supply Company, are part of a group of tech companies that are highly focused on digital images and visual editing and that rely less on social networking features. “We’re always meeting with different companies across the creative space at any given time and do not discuss rumors or speculation,” she said. Julie Inouye, a spokeswoman for VSCO, said the company was focused on expanding its business. Representatives from Pinterest and VSCO (pronounced “vis-coe”) declined to comment on deal talks.
An acquisition may not materialize, the people cautioned. A deal price couldn’t be learned Pinterest has a market capitalization of about $49 billion, while VSCO has raised $90 million in funding and was last valued at $550 million. The discussions are ongoing, said the people, who declined to be identified because they were not authorized to speak publicly. SAN FRANCISCO - Pinterest has held talks to buy VSCO, a photography app that spawned a teenage social media craze, according to two people with knowledge of the matter.