Pinterest Inc. made its IPO paperwork public on Friday, putting the image-search company on pace to begin trading in mid-April as it looks to tap into a hot market for new issues. The filing shows a company with sharp revenue growth that still loses money, a picture typical of many startups. Pinterest’s revenue for 2018 totaled $756 million, up from $472.9 million a year earlier; the company’s net loss thinned to $63 million from $130 million in 2017.

Source: Wall Street Journal March 22, 2019 21:41 UTC