Pinterest Joins the Long Line of Expected Tech IPOs in 2019

Last week, a single IPO was completed: Mercantil Bank Holding Company, the parent company of the largest community bank headquartered in Florida, Amerant Bank. The biggest IPO news of the week, however, comes out of Silicon Valley as Pinterest announced that it may go public as early as April 2019. The IPO for the social media giant joins the long line of tech debuts planned for 2019 that includes brands such as Uber, Lyft, AirBnb, Palantir, and Slack, all of which may fetch valuations over $1 billion. In fact, Uber is expected to be valued at roughly $120 billion. Pinterest, a social media platform in which users share new interests, ideas, and images by “pinning” them to their own boards or other’s boards, may be valued at $12 billion in the public markets.