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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