Pinterest confidentially files for IPO, according to Reuters

GaryPageau

Online image search site Pinterest Inc. has confidentially filed with the Securities and Exchange Commission for an initial public offering, the Wall Street Journal reported on Thursday, according to Reuters.

The company and its underwriters, led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. are reportedly planning for a late-June listing and is seeking a valuation of at least $12 billion. According to Crunchbase, Pinterest has raised $1.5 billion in 15 rounds.

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Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.