Pinterest Behind The Label

Credit: The Street
Published on May 16, 2019 - Duration: 01:08s

Pinterest Behind The Label

Put the pin on the history of Pinterest .

It all started back in 2009, when Ben Silbermann and Evan Sharp began developing Pinterest.

And two years later, in 2011, it became one of the top social media sites.

And, a year later, in 2012, it actually overcame Tumblr--the micro-blogging website.

Fast-forward to 2019, and Pinterest is now a public company that trades under the ticker "PINS." The company officially began trading on April 18.

The company's first trade was priced at $19 a share, higher than the original pricing of $15 to $17 a share.

As of May 15, the company has a market cap of nearly $16 billion.

When it filed for its IPO earlier in 2019, the valuation was around $12 billion.

Watch to learn more about the company.

Learn the History of the Companies in Your Portfolio | Behind the Label


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