Mikitani is not just any Japanese businessman. He’s the CEO of Rakuten, the Amazon of Japan, and his company led a $100 million investment in Pinterest earlier this year.
In an interview by the New York Times, Mikitani said he thought the price he paid for the share of Pinterest (at a reported $1.5 billion valuation) was more than fair and that, if the company came up for sale, he’d “love to buy”.
Could we see Pinterest being acquired by this Japanese company one day? Only time will tell.
How about you? Do you feel Pinterest is worth $1.5 billion?