Zoom is worth billions more than Pinterest as both go public — even though it's half the size
https://www.cnbc.com/2019/04/18/zoom-is-worth-more-than-pinterest-after-their-ipos.html
When it comes to emerging tech companies, investors are clearly rewarding growth and profitability above all else.
Videoconferencing company Zoom and social media site Pinterest both debuted on the public markets today and immediately rallied from their IPO prices. But Zoom went up significantly more, giving it an early valuation of $16.7 billion, topping Pinterest's market capitalization of nearly $13 billion.
Zoom is worth billions more than Pinterest as both go public — even though it's half the size
Apr 18, 2019, 5:27pm UTC
https://www.cnbc.com/2019/04/18/zoom-is-worth-more-than-pinterest-after-their-ipos.html
> When it comes to emerging tech companies, investors are clearly rewarding growth and profitability above all else.
> Videoconferencing company Zoom and social media site Pinterest both debuted on the public markets today and immediately rallied from their IPO prices. But Zoom went up significantly more, giving it an early valuation of $16.7 billion, topping Pinterest's market capitalization of nearly $13 billion.