mr. silbermann: we are proud of the progress. the business had reached a level of deductibility that it could be in the public market. we are excited to have access to public market capital. a lot of great companies have acquired other companies in the future. and we have a lot of patient investors and employees, a nice moment to provide liquidity for those parties. emily: investors might say you are just another digital marketing company. what makes your model unique to other platforms? mr. silbermann: the reason people are on pinterest to get inspiration is really lined up with what advertisers want, to inspire customers and get them to buy products and services they really love. it means it can be additive as long as we do a good job of making sure that they are highly relevant. and candidly, a little bit of an attack. and there is a difference between us and other media properties. emily: the majority of user growth right now is coming and nationally. how much room is there in the u.s. in terms of growing users or is it a sto

mr. silbermann: we are proud of the progress.t the business had reached a level of deductibility that it could be in the public market. access toited to have public market capital. a lot of great companies have acquired other companies in the future. and we have a lot of patient investors and employees, a nice moment to provide liquidity for those parties. emily: investors might say you are just a digital -- just another digital marketing company. what makes your model unique to other platforms? mr. silbermann: the reason people are on pinterest to get inspiration is really lined up with what advertisers want, to inspire customers and get them to buy products and services they really love. it can be additive as long as we do a good job of making sure that they are highly relevant. and candidly, a little bit of an attack. and there is a difference between us and other media properties. the majority of user andth right now is coming nationally. how much room is there in the u.s. in terms of growing users or is it a story about incr