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Could Pinterest be the silver bullet for retailers on social media? Pinterest is clearly resonating with online consumers in a big way. To put it simply, customers who find a product via Pinterest are more likely to purchase it than those who find the product via other social networks. SEE ALSO: 10 Video Tips for Businesses on Pinterest
With the rise of social networks, people are now sharing more information about themselves online than ever before. Sharing is happening at an unprecedented volume, with some calling it … “The Sharepocalypse” . Social feeds now disseminate content in realtime, but the problem of course is that a lot of this sharing gets lost in the noise — and with content piling up so quickly, stuff quickly gets lost. Want to find a tweet you wrote a year ago?
As we heard last year, Flickr and Hunch co-founder Caterina Fake was in the process of launching a new startup, with $2 million in funding from a number of high-profile investors, including True Ventures, Founder Collective, SV Angel, Keith Rabois, James Joaquin and Shoshana Berger. Today, Fake is revealing a number of new details on the startup, called Pinwheel , and named additional investors (Redpoint, Betaworks, and Ev Williams’ and Biz Stone’s Obvious Corp.) We haven’t played with the product yet, but here’s what we know from Fake’s post.