Pinterest IPO Filing Estimates a Valuation of $9 Billion

Pinterest IPO Filing Estimates a Valuation of $9 Billion

5 years ago
Anonymous $syBn1NGQOq

https://wccftech.com/pinterest-ipo-filing-estimates-a-value-of-9-billion/

Pinterest Inc. is seeking to offer 75 million shares priced from $15 to $17 each, below the private valuation from 2017.

2019 started slowly in terms of tech IPO’s with a U.S. government shut down to blame in early 2019 getting regulatory approval was not possible. When the government resumed, there was much speculation that soon three major IPO’s would take place soon: Lyft, Uber and Pinterest. Lyft had a successful IPO, then a tough first week of trading, with the value falling below offering price and still has not climbed its way back.

Pinterest IPO Filing Estimates a Valuation of $9 Billion

Apr 8, 2019, 9:40pm UTC
https://wccftech.com/pinterest-ipo-filing-estimates-a-value-of-9-billion/ > Pinterest Inc. is seeking to offer 75 million shares priced from $15 to $17 each, below the private valuation from 2017. > 2019 started slowly in terms of tech IPO’s with a U.S. government shut down to blame in early 2019 getting regulatory approval was not possible. When the government resumed, there was much speculation that soon three major IPO’s would take place soon: Lyft, Uber and Pinterest. Lyft had a successful IPO, then a tough first week of trading, with the value falling below offering price and still has not climbed its way back.