Posted by on April 18, 2019 12:41 pm
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Categories: µ Newsjones

  • Latest Silicon Valley ‘unicorn’ valued at $12bn
  • Popular digital scrap book platform is close to making money

Pinterest, the digital pin board company, made a spectacular debut on the New York stock exchange on Thursday when its shares leapt 25% in its first few hours of trading.

The company, that allows users to “pin” and share pictures of favorite recipes, decorating tips and inspiring images, is used by 250 million users a month and reaches “eight out of 10 moms” in the US, according to its regulatory filing.

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