• Equity Shot: Pinterest and Zoom file to go public

    3 monthes ago - By TechCrunch

    And welcome back to Equity , TechCrunch's venture capital-focused podcast, where we unpack the numbers behind the headlines.
    What a Friday. This afternoon (mere hours after we released our regularly scheduled episode no less!), both Pinterest and Zoom dropped their public S-1 filings. So we rolled up our proverbial sleeves and ran through the numbers. If you want to follow along, the Pinterest S-1 is here , and the Zoom document is here .
    Got it? Great. Pinterest's long-awaited IPO filing paints a picture of a company cutting its losses while expanding its revenue. That's the correct...
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  • Pinterest files to go public - CNET

    3 monthes ago - By CNET

    The social bookmarking site says it generated more than $755 million in revenue in 2018.
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  • This is how much money Pinterest execs made last year

    This is how much money Pinterest execs made last year

    3 monthes ago - By TechCrunch

    Silicon Valley is known for its massive wealth. When these companies file to go public, we all finally get to know how much money these executives take home each year, and the millions they'll take home after the IPO,
    In Pinterest's S-1 , which it filed earlier today, we see that co-founder and CEO Ben Silbermann earned a salary of $197,100. But that's actually nothing compared to Pinterest CFO Todd Morgenfeld, who earned a base salary of $360,500 with stock awards worth $22,028,196.
    It's still unclear just how much money the execs will make once Pinterest goes public. That's because...
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  • Pinterest files to go public

    Pinterest files to go public

    3 monthes ago - By The Verge

    The latest Silicon Valley company to file for an initial public offering is Pinterest , the San Francisco-based social network and image board that in recent years has built a large advertising and commerce business from its growing user base. The company, although it is still not profitable, says it earned more than $750 million in revenue last year, and it's cut its losses from nearly $200 million in 2016 down to just under $75 million annually. Pinterest says it was in fact profitable in the fourth quarter of 2018, but not profitable enough to get out of the red for the full calendar...
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  • Zoom, a profitable unicorn, files to go public

    3 monthes ago - By TechCrunch

    Zoom , the video conferencing startup valued at $1 billion in early 2017, has filed to go public on the Nasdaq as soon as next month.
    The company joins a growing list of tech unicorns making the leap to the public markets in 2019, but it stands out for one very important reason: It's actually profitable.
    Zoom was founded in 2011 by Eric Yuan, a co-founder of WebEx, which sold to Oracle for $3.2 billion in 2007. Before launching Zoom, he spent four years at Cisco as its vice president of engineering. In a conversation with TechCrunch last month, he said he would never sell another company...
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