NEWS24 July 2012
US— Chris Fay, the founder of Pinterest analytics startup PinReach, has put the firm up for sale after agreeing to move to a new job at Google.
PinReach was launched earlier this year as PinClout, before being forced to change its name after a cease and desist order from social influence monitoring firm Klout.
Fay has put the firm on the auction site Flippa with a starting price of $10,000, which includes the brand name and domain. The site currently has 22,000 registered users but is yet to turn a profit or report any revenue, according to the listing.
Fay (pictured) said: “I have made the decision to accept a position with Google, the result of which means a conflict of interest barring my continued development on PinReach.”