Who Owns Pinterest: Behind the Scenes
Pinterest is a platform that allows users to save and share images and videos on virtual boards; it has grown in popularity in recent years, with over 250 million monthly active users as of 2021. But who owns Pinterest, and who are the masterminds behind the platform?
In this post, we will dive into the ownership of Pinterest, its founders, investors, and the leadership team to better understand the company and its vision.
Who owns Pinterest?
Pinterest is a social media platform that has changed how we discover, save, and share creative ideas, from fashion, home decor, travel and more.
The Founders of Pinterest Pinterest were founded in 2010 by Ben Silbermann, Paul Sciarra, and Evan Sharp. The three friends came up with the idea for Pinterest while working at Google and Silicon Valley startup Cold Brew Labs. They wanted to create a platform that would make it easier to discover and save creative ideas and make them available to anyone.
In 2011, the company raised $27 million in funding from investors such as Andreessen Horowitz and FirstMark Capital. In 2012, Pinterest received an additional $100 million in funding from investors, including Fidelity Investments and Valiant Capital Partners. These investors have played a key role in the growth and development of the platform. As of 2021, Pinterest has raised over $1.5 billion in funding and has a valuation of over $12 billion.
Ownership Structure As of 2021, the majority of Pinterest’s shares are owned by its co-founders, with Ben Silbermann holding the largest stake in the company. Other shareholders include venture capital firms, institutional investors, and executives. Despite the large investment and high valuation, Pinterest remains a private company and has not gone public.
In addition to its co-founders and investors, Pinterest has a team of executives and board members who help guide the company’s strategy and direction. The current CEO and President of Pinterest is Ben Silbermann.
The company’s board of directors comprises diverse individuals with experience in technology, business, and finance. This leadership team is responsible for the overall direction and strategy of the company and its vision to make it easier to discover and save creative ideas and make them available to anyone.
The Bottom Line:
Pinterest is a platform that has changed the way we discover, save, and share creative ideas. The company was founded by Ben Silbermann, Paul Sciarra, and Evan Sharp and has grown with the support of its investors.
Today, it remains a private company, with Ben Silbermann as the President and a team of executives and board members who guide the company’s strategy and vision. With its strong leadership, Pinterest continues to evolve and innovate, making it easier for people to discover and save creative ideas.
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