Pinterest is not happy with Facebook.
The forgotten middle child of the social media family filed for an IPO on March 22, and in doing so the San Francisco-based company made a very public argument that its future is bright. That is, if Facebook doesn't screw things up for it first.
Buried deep in the pages and pages of IPO-related disclosures resides a friendly little section called "RISK FACTORS." The section contains a lot of standard, boilerplate stuff about how things might not work out how the company hopes, and that investors should be warned that nothing in life is a sure bet. Which, totally. It also, however, has a lot of what look to be pretty Facebook-specific digs. Read more...
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