The next big thing in social media is the image sharing site Pinterest, it was launched in September 2011 and already it has over sixteen million active users. However, currently these users are only spending around ninety eight minutes per month on the site as compared to seven hours on the social network Facebook, so there is a fair way to go, but Pinterest is a success story already.
According to this info graphic from Flowtown the growth of Pinterest is cool enough, but unlike other social media sites this one is different and yet it is growing fast to the point where the big money buyouts start coming in. The main reason for this success has to be simplicity allowing anyone to use the site, that has to be good thing and is a lesson to anyone else thinking of starting a business, keep simple and interesting!
Source [The Chriss Voss Show]