The Rise of Pinterest: A Tale of Design-centricity and Prioritization
Hatched by Kazuki Nakayashiki
Aug 17, 2023
4 min read
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The Rise of Pinterest: A Tale of Design-centricity and Prioritization
In the ever-evolving landscape of startups, Pinterest stands out as a shining example of success. From its humble beginnings in a cramped Palo Alto apartment with just five employees to becoming a global phenomenon with over 1,800 team members and $750 million in revenue, Pinterest's journey is nothing short of remarkable. But what sets Pinterest apart from the rest? How did they manage to achieve such unprecedented growth? The answer lies in their unwavering focus on design-centricity and prioritization.
Unlike many startups that prioritize press coverage and fundraise announcements, Pinterest took a different approach. They chose to prioritize perfecting their design and user experience rather than getting caught up in the whirlwind of attention. This decision is evident in their refusal to announce their fundraise. Instead, they focused on what truly mattered – creating a platform that resonated with users. This laser-focused approach to prioritization proved to be the key to their success.
Another interesting aspect of Pinterest's journey is their lack of a full-time technical co-founder. While conventional wisdom dictates that every internet startup should have a technical founder, Pinterest's founders, Ben and Evan, played to their strengths and stuck with their design-centricity. This decision challenged the norm and showcased the power of design in shaping a successful product. It's a testament to the fact that design truly matters, and when executed well, it can drive exponential growth.
But Pinterest's success goes beyond its design-centricity. It taps into a fundamental shift in the way we consume information – the rise of curators. In today's information age, where the flood of content is overwhelming, the real scarcity is attention. People are looking for someone to help them navigate through the noise and discover what truly matters. This is where curators come in.
Curators are the new creators, and consumers are willing to pay for their expertise. When faced with an abundance of information, we seek out those with good taste to curate and filter it for us. This concept is supported by Zuckerberg's Law, which states that we share more and more on social media over time. It's also reflected in Dunbar's number, which suggests that we can only maintain stable social relationships with around 150 people. Lastly, Zipf's Law highlights the existence of high-value items amidst a sea of low-value ones.
The rise of curators presents a unique opportunity for creators to monetize their content. The example of The Browser demonstrates that curated content can be monetized effectively. Consumers are willing to pay for content that is well-curated and saves them time. This creates a new market for creators who can excel at the art of curation.
Brands and influencers have also recognized the power of curation. The best brands understand that curation is not a one-time effort but an ongoing process. They continuously curate content to provide value and build a sense of community around their brand. Curation, in a sense, becomes its own form of intertextuality, shaping the meaning of a text through another text.
So how can individuals and brands leverage the power of curation? Here are three actionable pieces of advice:
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Embrace your unique perspective: As a curator, your taste and perspective are what set you apart. Embrace them and curate content that aligns with your unique voice. People are drawn to authenticity and are more likely to trust your curation if it reflects your true self.
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Foster a sense of community: Curation is not just about filtering content; it's about building a community around a particular subject or vertical. Engage with your audience, encourage discussions, and create a space where people can connect and learn from each other.
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Continuously evolve and adapt: The world of content is ever-changing. Stay up to date with the latest trends and adapt your curation strategy accordingly. Experiment with different formats, platforms, and mediums to keep your audience engaged and interested.
In conclusion, Pinterest's success story is a testament to the power of design-centricity, prioritization, and the rise of curators. By focusing on perfecting their design and user experience, Pinterest managed to create a platform that resonated with millions of users worldwide. Additionally, they tapped into the growing demand for curators, recognizing that people are willing to pay for someone with good taste to help them navigate through the noise. As individuals and brands, we can learn from their journey and leverage the power of curation to engage our audience, build communities, and provide value in the ever-expanding sea of information.
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