The digital pin board company set a price range for its I.P.O. that would value the business below its last private market valuation of $12 billion.
Pinterest has set the pricing of its initial public offering slightly below its last private-market valuation from two years ago.
The social media website updated its IPO filing with the SEC on Monday, stating that it would sell 75 million shar…
Company sets price notably lower than its last valuation.
Pinterest’s price range for its upcoming IPO of stock values the company more than $1 billion below its last venture capital round in 2017.
Pinterest’s I.P.O. will value it at less than it received in its last private fund-raising round, suggesting that a wave of tech start-ups may struggle to maintain sky-high valuations.
Today’s startups have a distinct advantage when it comes to launching a company because of the public cloud. You don’t have to build infrastructure or worry about what happens when you scale too quickly. The cloud vendors take care of all that for you. But last month when Pinterest announced its IPO, the company’s cloud […]
Scott Tong Contributor Share on Twitter Scott Tong is a startup advisor and entrepreneur in residence at IMO Ventures. Previously he was head of product design at Pinterest, co-founder at IFTTT, and principal designer at IDEO. Follow him @ScottTong on Twitter. Editor’s note: This guest post is a part of our latest initiative to demystify […]
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As high-profile start-ups like Lyft, Pinterest and Uber prepare to go public, Silicon Valley venture capitalists are using the moment to shine the spotlight on themselves.