Pinterest sets IPO price range at $15-$17 per share, to raise as much as $1.275B at up to a $11.3B valuation; Pinterest was valued at $12.3B in its last round
below its latest private valuation Maria Deutscher / SiliconANGLE : Ahead of IPO, Pinterest sets price target below last valuation PE Hub Blog : Pinterest seeks $15-$17 per share in IPO, below last private valuation: Reuters Chris Morris / Fortune : Pinterest Prices Its IPO. Here's What Its Founders Will Earn Matt Binder / Mashable : Pinterest scales back IPO price in hopes to raise $1.5 billion Marrian Zhou / CNET : Pinterest sets IPO price range of $15 to $17 per share Olivia Zaleski / Bloomberg : Pinterest Seeks Up to $1.28 Billion in IPO Below 2017 Value Tweets: Lisa Abramowicz / @lisaabramowicz1 : A signal that private-financing markets have been overheated, at least in pockets: Pinterest is looking at a lower valuation today as it preps its IPO than in 2017, its last round of financing. https://www.bloomberg.com/... Jon Erlichman / @jonerlichman : Pinterest valuation: Apr 2019: $11.3 billion (IPO) Jun 2017: $12.3 billion May 2015: $11 billion May 2014: $5 billion Oct 2013: $3.8 billion Feb 2013: $2.6 billion May 2012: $1.6 billion Oct 2011: $200 million Sept 2011: $52 million Dec 2010: $6 million Aug 2009: $2.2 million pic.twitter.com/BJf65jcqQN Manish Singh / @refsrc : In S-1, Pinterest cautions that action by some governments could harm its business. Says access to its service has been — or is currently — restricted in whole or in part in China, India, Kazakhstan, and Turkey. https://www.sec.gov/... pic.twitter.com/mWabsEG7BC @nytimes : A stock market valuation of less than $12 billion for Pinterest raises questions about investor demand for high-profile but unprofitable tech start-ups http://www.nytimes.com/... Erin Griffith / @eringriffith : Pinterest is starting its road show as an “undercorn” http://www.nytimes.com/...