This active saving content again shows how differentiated the Pinner mindset is. They save relevant pins to thematic boards. Pinterest don't just scroll through or like images. Pinterest is one of the few places online where users can discover new products by browsing and searching in a curated, personalized setting before they even know exactly what they want. Pinterest is very unique, and it has inspiration, discovery, and strong user intent, all in the same place. Having spent most of my career in commerce and payments, I recognize that there are many places to buy online, but there are very few online destinations where you can actually shop, that is to browse and discover and get inspired before you buy. And I'm incredibly excited to help unlock the company's potential. Pinterest is really one of the only platforms that sits at the intersection of social media, search and e-commerce. I joined Pinterest because it offers people a digital experience that is genuinely unique and positive and because we've only just begun to tap into the possibilities that experience has to create value for users and advertisers. That's why I'd like to spend a few minutes discussing why I joined Pinterest and outlining what you can expect in the next few months. I know that maintaining a healthy dialogue and relationship with the investor community is an important part of our success. And after talking with some of our key stakeholders and reviewing our product roadmap, I'm even more excited today about our business opportunity ahead. It's been roughly a month since I became CEO. Under Ben's leadership, Pinterest has grown into a global consumer Internet platform with hundreds of millions of users, has scaled revenue to over $2 billion, and the Pinterest brand is synonymous with positivity. As a fellow entrepreneur, I have tremendous respect for Ben and what he's accomplished at Pinterest. I first want to express my gratitude to Ben and the board for their trust in me as Pinterest CEO. With that, I'm going to turn it over to Bill to share a few thoughts. I'm looking forward to fully supporting Bill's vision and strategy, and I can't wait to see how he leads us into the next great chapter of our story. I know there's a huge opportunity ahead of us. I could not be more excited about where Bill is going to lead Pinterest in the future. It became clear to me that Bill will be a fantastic CEO for Pinterest next chapter, and the board felt the same way after discussions with them and that's why we made the move. His passion is the same as ours, creating products that people love. And beyond his resume, he shares our values and our aspiration of building a positive corner of the Internet that's nourishing and encouraging. He's a leader in commerce, most recently as president of Commerce, Payments and Next Billion Users of Google. He knows how to operate a global scale from his time as CEO of PayPal. He's a builder who scaled companies like Braintree and Venmo. Bill's skill set and experience stood out. It's an ambitious vision that's bigger than one person, including a founder.Īnd so for our next stage of growth, we sought a leader with expertise in e-commerce and shopping to help us capitalize on the strong user intent and planning behavior on our platform. It's so clear that we have an opportunity to build an end-to-end platform, one that delights people with incredible inspiration, helps them plan their futures and then bring those plans to life with purchases and actions. But as far as we've come, I know Pinterest could be more. I'm proud of what we've achieved together. I am grateful to everyone who's made this journey possible first, our Pinners, our extraordinarily talented team and all of the investors and businesses who've supported us along the way. Today, Pinterest is a place where 433 million people all over the world come to get inspiration, a place where content creators can share their talents and passions with an inspired global audience and a place where brands can connect with consumers trying to build their best lives. And in the years since, Pinterest has grown into something bigger and more meaningful. It all began in 2010 as a tool to help people collect all the things they love from across the Internet. First, I absolutely love Pinterest and cherish the journey we've been on for more than a decade. But before I turn it over to him and Todd, I just want to quickly touch on why we made the transition. Today, you're going to hear from him and see why we're all excited to have him at the helm. A few weeks ago, we welcomed our new CEO, Bill Ready.
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