Zoom is worth billions more than Pinterest as both go public — even though it's half the size

Zoom is worth billions more than Pinterest as both go public — even though it's half the size

5 years ago
Anonymous $9jpehmcKty

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.