view transcript

2009Ben Silbermann and Evan Sharp begin development of Pinterest.

2011 The site becomes one of the top 10 largest social network services.

2012 Rakuten announces it is leading a $100 million investment in Pinterest.

Pinterest overtakes competing micro-blogging site Tumblr.

2013Pinterest acquires Livestar and Hackermeter.

2014Pinterest generates its first revenue, charging advertisers to promote their wares to millions of hobbyists, vacation planners, and do-it-yourselfers.

2016Pinterest launches a video player that lets users and brands upload and store clips.

2019Pinterest secretly files for IPO, with a valuation of $12 billion.

Put the pin on the history of Pinterest (PINS) . 

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

LifestyleEducationEntertainmentConsumerConsumer ServicesHousehold ProductsTechnologyVideoConsumer ProductsBehind the Label