Pinterest Is Said to Be in Talks to Acquire the Photo App VSCO

SAN FRANCISCO — Pinterest has held talks to buy VSCO, a photography app that spawned a teenage social media craze, according to two people with knowledge of the matter.

The discussions are ongoing, said the people, who declined to be identified because they were not authorized to speak publicly. A deal price couldn’t be learned; Pinterest has a market capitalization of about $49 billion, while VSCO has raised $90 million in funding and was last valued at $550 million. An acquisition may not materialize, the people cautioned.

Representatives from Pinterest and VSCO (pronounced “vis-coe””) declined to comment on deal talks.

Julie Inouye, a spokeswoman for VSCO, said the company was focused on expanding its business. We’re always meeting with different companies across the creative space at any given time and do not discuss rumors or speculation,” she said.

Pinterest and VSCO, which stands for Visual Supply Company, are part of a group of tech companies that are highly focused on digital images and visual editing and that rely less on social networking features. Pinterest, a digital pin board site that went public in 2019, lets its users discover and save images to inspire creative projects or to plan important aspects of their lives, including home renovations, weddings and meals.

Founded in 2011, VSCO became known among younger users as a kind of anti-social network. The app does not have likes, comments or follower counts, so it appeared to put less pressure on users to build up a fan base. VSCO also eschews advertising, instead earning money by charging people for extra features. Of its 100 million registered users, more than two million are paying subscribers.

When VSCO girls became a cultural phenomenon in late 2019, investor interest in the start-up swelled. But the fad has since cooled off. When the pandemic hit, VSCO laid off 30 percent of its employees. In December, it acquired Trash, a mobile app for video editing, and said it planned to continue acquiring companies in 2021.

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