The Start-ups, Pinterest, and Zoom are two of the biggest IPOs this year. The shares of the two companies met with investors on large interest. The papers of the platform, Pinterest came to the issue price of $ 19 on the stock exchange and were traded with 23.75 dollars, an increase of 25 percent. The price increase made the stock market value to more than 12 billion dollars. The photo platform is collected at the time of the IPO with the issuance of 75 million shares, a total of 1.43 billion dollars (1.27 billion euros) to investors.
Pinterest was founded in 2010 and is still in the red, but the platform is growing rapidly: in 2018, the turnover rose by 60 percent to more than $ 750 million. At the end of the year, it has brought the platform to 265 million active users and could reduce their loss of 130 million to $ 63 million.
Pinterest is a social network, as well as a visual search engine. User photos, called Pins, may targets, about pies, travel, clothing, or interior design on virtual Bulletin boards to remember – or a visual Inspiration search. At the end of last year, according to Pinterest 175 billion Pins have been stored on four billion virtual pinboards. Money takes Pinterest, mainly through advertising – paid-for Pins that are displayed to the users.
The shares of the video service Zoom, which specializes in video conferencing, were still more in demand than that of Pinterest. The first course of Zoom on the tech stock exchange Nasdaq price was 65 dollars, and more than 80 percent of the output. Thus, the market value of the Start-ups rose in the meantime to around 16.7 billion dollars. Zoom had been previously redeemed with the sale of 20.9 million shares of 751 million Dollar (668 million euros). In contrast to Pinterest Zoom in 2018 and made a small profit of about 7.6 million dollars.
The biggest IPO of the year is yet to be established: The Taxi-App Uber, an overall assessment is aiming to be around 100 billion dollars. Also, the App for office communication Slack and the holiday accommodation platform Airbnb want 2019 to the exchange.