Report: Social media giant confidentially files for IPO
Pinterest Inc. has put an IPO on its pinboard.
The image search site confidentially filed for an IPO, according to a report by Marketwatch, and is looking for a valuation of at least $12 billion. It is looking to go public around June, according to the report.
Pinterest is one of several consumer-oriented technology startups with popular consumer brands gearing up for multi-billion IPOs in 2019. Others include Uber, Lyft and AirBnB.
Founded in 2008, Pinterest counted 250 million monthly active users as of last September.
The image search site confidentially filed for an IPO, according to a report by Marketwatch, and is looking for a valuation of at least $12 billion. It is looking to go public around June, according to the report.
Pinterest is one of several consumer-oriented technology startups with popular consumer brands gearing up for multi-billion IPOs in 2019. Others include Uber, Lyft and AirBnB.
Founded in 2008, Pinterest counted 250 million monthly active users as of last September.