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.