Pinterest has hired New York-based investment banks Goldman Sachs Group Inc. and JPMorgan Chase & Co. to lead its initial public offering (IPO).
According to Reuters, San Francisco-based Pinterest could raise around $1.5 billion in the IPO, which is likely to come in the first six months of 2019.
Pinterest's trades on the secondary market valued the company at between $13 billion and $15 billion last year. Before that, it was valued at $12 billion on the heels of its recent fundraising round in…
