### Comment:
I don't know about that. The company has relatively strong retention and customer growth, it's just that they continue to struggle in monetizing their platform. I think they could do phenomenally if they could figure out a decent strategy to generate income off of their growing user count. Considering most regular users are doing so via their app and not via routing of a search engine I would be skeptical on this call. I am not long $PINS, just think it is an interesting situation.

### REPLY:
The problem is Pinterest's new users come from Google searches that require people to sign up to look at the topic once they click on the result.  
  
 They might have great retention, but their new customer growth will slow down significantly.

### END.