Pinterest Shares Jump 25 Percent on First Day of Trading

SAN FRANCISCO — Pinterest, the digital pin board start-up, spent years avoiding the spotlight and tamping down any hype about its growth. On Thursday, it could no longer stay out of the glare, as its shares rose 25 percent on its first day of trading as a public company. Pinterest stock began trading at $23.75, above the initial public offering […]

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Pinterest Dials Down Expectations as I.P.O. Nears

SAN FRANCISCO — Pinterest set a price range for its initial public offering on Monday that will value the company below its last private-market peg of $12 billion. In an updated prospectus, the digital pin board company said that it planned to price its offering at $15 to $17 a share. At the high end of that range, the business […]

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Pinterest Said to Price I.P.O. Below Last Private Valuation

SAN FRANCISCO — Pinterest plans to set a price range for its initial public offering that will value it at below the $12 billion that private investors last pegged the company at, according to a person with knowledge of the situation. The digital pin board company is preparing to put out a filing on Monday with the price range for […]

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The Week in Tech: It’s Not Easy Being a Unicorn

Each week, technology reporters and columnists from The New York Times review the week’s news, offering analysis and maybe a joke or two about the most important developments in the tech industry. Want this newsletter in your inbox? Sign up here. Hello, It’s Erin Griffith, reporting, happily, from my home base in San Francisco and not the carnival of virtual […]

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The 2018 Good Tech Awards

The words “2018,” “good” and “tech” probably don’t seem like they belong in the same paragraph, let alone the same sentence. But stay with me here. It’s true that this was a horrible year for many of the tech industry’s biggest companies. Amazon held a nationwide beauty pageant for its new headquarters, raising hopes that the company would help transform […]

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Start-Ups Ask, ‘Are We Making Money for Saudi Arabia?’

SAN FRANCISCO — When John Vrionis and Jyoti Bansal set out to raise money this year for their first venture capital fund, Unusual Ventures, industry peers advised them to go after the easy money — sovereign wealth funds like those managed by Saudi Arabia and Abu Dhabi, which have become major investors in Silicon Valley. “People would say, ‘It’s really […]

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