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Pinterest Makes First Acquisition: Punchfork

Pinterest made its first acquisition on Thursday, buying up Punchfork, a 2-year old recipe sharing and discovery website, for an undisclosed sum. Punchfork’s founder and CEO Jeff Miller announced the news Thursday in an e-mail to the website’s community, noting that Punchfork will soon shut down its website, app and API. “We believe that a unified destination benefits our users in the long run, and the Punchfork team will focus on contributing to Pinterest as the premier platform for discovering and sharing new recipes and other interests on the web,” Miller wrote. Punchfork was founded in early 2011 and relies on algorithms to surface popular recipes based on how much they are ge… Continue reading… More About: pinterest

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Pinterest Makes First Acquisition: Punchfork

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