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Pinterest has raised $367m in new equity from new and existing investors, according to a regulatory ling published on Monday afternoon, taking the...
Pinterest has raised $367m in new equity from new and existing investors, according to a regulatory
ling published on Monday afternoon, taking the online scrapbooking site's total funding to $1.1bn.
The Series G round values Pinterest at $11bn, the San Francisco-based company said, more than
doubling its price tag in less than a year. It is 10 months since Pinterest's last big fundraising, when
it raised $200m in primary nancing at a $5bn valuation from its existing investors, who include
SV Angel, Bessemer Venture Partners, Fidelity, Rakuten and Andreessen Horowitz.
Assuming that all valuation estimates mentioned in the article are pre-money, what fraction of the
rm's shares is owned by investors in the Series G round? (The answer is 3.23%)
