Did You Pin That? A History of Pinterest

Author:
Publish date:
Video Duration:
0

Put the pin on the history of Pinterest (PINS) - Get Report

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.  To get the latest on Pinterest, read Nvidia, Pinterest, Luckin Coffee, Amazon and Deliveroo - 5 Things You Must Know.

Watch the video timeline for a look at the company's history.

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