Skip to main content

Tech: Pinterest president and top business chief Tim Kendall is out

Tim Kendall

Pinterest's longtime president and top business exec, Tim Kendall, is leaving to "start his own venture."

  • Pinterest's president and top business executive, Tim Kendall, is leaving to create a startup with the goal of curbing tech device addiction.
  • He will be replaced by Pinterest's current SVP of ads and commerce, Jon Alferness, and continue to serve as an advisor.
  • Pinterest raised $150 million in funding at a roughly $12 billion valuation earlier this year and reportedly expects to make $500 million in ad revenue for 2017.


Pinterest's longtime president and top business exec, Tim Kendall, is leaving to launch a startup aimed at curbing tech device addition, Pinterest told Business Insider on Thursday.

His departure from Pinterest comes as the photo discovery platform reportedly expects to make roughly $500 million in ad revenue this year and mulls an eventual initial public offering. Kendall joined Pinterest six years ago and previously served as an early executive at Facebook.

"Tim has made important contributions to Pinterest and we are pleased that he will continue to serve as an advisor to the company," Pinterest said in an emailed statement. "Jon Alferness, Senior Vice President for Ads and Commerce, will now lead the world-class team driving our rapidly growing ads business. Our focus continues to be measurable and actionable results for our partners while giving Pinners relevant ideas to help them discover and do new things."

Just one day before his departure was announced, Kendall appeared at Business Insider's IGNITION conference in New York to champion Pinterest as a challenger to the Facebook-Google duopoly over the digital advertising business.

Now he's leaving Pinterest to launch a startup aimed at fighting tech device addiction. Given his background working at both Facebook and Pinterest, it's an area he's well suited for.

ridoola.blogspot.com.ng
Labels:

Comments

Post a Comment

Popular posts from this blog

List of America's one-term presidents & why they were not re-elected

U.S. President Joe Biden becomes the most recent entrant in a list of president who served for only one term. U.S. President Joe Biden announced that he would not be seeking re-election for a second term in the November 5, 2024 elections. Biden, in a statement said that he would be focused on completing his remaining term, endorsing his Vice President Kamala Harris as his most preferred nominee for the Democratic Party to take on former President Donald Trump. Joe Biden endorses Kamala Harris as Democrats' candidate after withdrawing from race [X:@JoeBiden] Biden now joins a list of former U.S. Presidents that only served for one term. John Adams (1797-1801) The second president of the United States, John Adams was a Founding Father who faced significant challenges during his presidency, including conflicts with political adversaries and foreign nations. His support for the Alien and Sedition Acts, perceived as a violation of civil liberties, contributed to his unpopulari...
Post a Comment
Read more

Tinubu appoints MKO Abiola's son, Jamiu as SSA on Linguistics & Foreign Matters

President Bola Tinubu has appointed Jamiu Abiola as the Senior Special Assistant to the President on Linguistics and Foreign Matters. The appointee is one of the children of the late Chief Moshood Kolawole Abiola , the winner of the 1993 presidential election annulled by General Ibrahim Babangida . According to a statement by Segun Imohiosen , the Director of Information and Public Relations, Office of the Secretary to the Government of the Federation on Wednesday, November 27, 2024, Jamiu's appointment took effect from November 14, 2024. Imohiosen said the appointment aligns with the provisions of the Certain Political and Judicial Office Holders (Salaries and Allowances, etc) Act 2008, as amended. Until his recent deployment, the appointee served as the Special Assistant to the President of Special Duties in the office of the Vice President. Tinubu tasked Jamiu to work closely with the Federal Ministry of Foreign Affairs and bring his wealth of experience to bear in his new ...
Post a Comment
Read more

EndSARS, Aba women riot & 3 historical protests that shook Nigeria

These protests underscore the resilience and activism of the Nigerian people in their pursuit of justice, equity, and better governance. Ahead of the planned nationwide protest against President Bola Tinubu's administration, lawmakers and other government officials have appealed to Nigerian youths to shun the protest and seek dialogue for resolution. It is believed that the federal government has already stepped up advocacy and appeals to avoid what happened in Kenya a few weeks ago. The planned demonstration slated for Thursday, August 1, further stretches Nigeria's rich history of civil protests driven by various socio-political and economic issues. These protests have significantly influenced the country's trajectory. Here are five historical protests that have left an indelible mark on Nigeria: 1. Aba Women's Riot (1929) Aba Women's Riot (1929) The Aba Women's Riot, also known as the Women's War, was a major anti-colonial revolt by women in sou...
Post a Comment
Read more