Equity

Look, we don't get it either. Taking some time as a group to sit around and chat through the possibly impending PayPal-Pinterest deal, Natasha and Alex didn't wind up cracking the story. Which makes some sense, as investors sent PayPal stock down 5% on the news, implying that they didn't really get it either. Recall that PayPal has made a few other deals in recent years, including buying Honey ($4 billion) and Paidy (less than $4 billion). Regardless, the transaction -- worth potentially dozens of billions -- could scoot the social giant into the welcoming arms of PayPal, an American consumer and business fintech giant. Here's what we tried to sort out: Does Pinterest have a big enough ecommerce story to make the deal line up with our first expectations? We talked about Pinterest's historical stock performance, as well as a number of culture controversies it has been embroiled in. Why doesn't PayPal just buy Etsy instead? Here we dug into why a shop-able, searchable mood-board may satisfy customer demands,