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WSJ: Pinterest IPO could happen in April


Pinterest (PINIT) is actively preparing for an IPO that could happen as early as April with banker selection in January, according to WSJ sources.

The company could achieve a $12B+ valuation.

In September, Pinterest passed 250M MAUs. Revenues, which come from ads, are expected to exceed $700M this year, up 50% Y/Y.

Pinterest is also in talks with bankers for a credit line of around $500M.





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