{"schema_version":"ctm-public-research-1.0","id":"pinterest","name":"Pinterest","ticker":"PINS","sector":"Visual discovery · historical IPO case","description":"Explore the transition from preferred shares to public markets.","coverage_note":"One reviewed Series H path with a sourced year-end close. Purchase and sale eligibility remain unknown.","url":"https://capitaltimemachine.com/private/pinterest","publisher":"CapitalTimeMachine","dataset_revision":"ctm-research-2026-10-01","dataset_reviewed_on":"2026-09-19","feed_released_on":"2026-10-01","methodology_url":"https://capitaltimemachine.com/methodology","terms_url":"https://capitaltimemachine.com/terms","corrections":"mailto:capitaltimemachine@gmail.com","observations":[{"id":"PINS-H","title":"Series H","note":"Published six-decimal price. No second reverse-split adjustment.","observation_date":"2017-06","date_precision":"month","date_role":"reported_issuance_month","actual_entry_date":null,"value":"21.537276","value_qualifier":"","currency":"USD","value_scope":"per_share_issuance_price","share_class":"Series H preferred","share_basis":"retrospectively_split_restated","confidence_class":"B","verification_status":"primary_verified","checked_on":"2026-09-17","source":{"url":"https://www.sec.gov/Archives/edgar/data/1506293/000119312519111067/d697629d424b4.htm","publisher":"SEC · Pinterest filing","title":"Final IPO prospectus","locator":"Prospectus: statements of equity; Note 1 Stock Split; Note 10 original purchase prices"},"supporting_sources":[],"citation_url":"https://capitaltimemachine.com/private/pinterest#PINS-H"},{"id":"PINS-OFFER","title":"IPO offer","note":"Offer-price mark, not an assumed sale.","observation_date":"2019-04-23","date_precision":"day","date_role":"offering_completion","value":"19.00","value_qualifier":"","currency":"USD","value_scope":"public_offer_price_per_share","share_class":"Class A common","confidence_class":"A","verification_status":"primary_verified","checked_on":"2026-09-17","source":{"url":"https://www.sec.gov/Archives/edgar/data/1506293/000150629320000013/pins-20191231.htm","publisher":"SEC · Pinterest filing","title":"2019 Form 10-K","locator":"Note 1: Initial Public Offering"},"supporting_sources":[],"citation_url":"https://capitaltimemachine.com/private/pinterest#PINS-OFFER"}],"calculation_options":{"early_stage_assumptions":null,"ipo_offer_models":[{"id":"PINS-H-IPO","company":"pinterest","start":"PINS-H","end":"PINS-OFFER","label":"Series H → IPO offer-price mark","conversion_factor":"1","split_adjustment":"already_reflected_do_not_apply_again","reviewed_on":"2026-09-17","basis_note":"Series H converts 1:1 to Class B, with 1:1 Class A equivalents. The 2019 one-for-three reverse split is already reflected in the filing price.","source_url":"https://www.sec.gov/Archives/edgar/data/1506293/000150629320000013/pins-20191231.htm","source_locators":["Prospectus: statements of equity; Note 1 Stock Split; Note 10 original purchase prices","2019 Form 10-K Note 1; 2020 proxy Equity Compensation Plan Information footnote 2"]}],"valuation_comparisons":[],"user_entered_private_prices":false,"entered_public_price_review":{"company":"pinterest","ticker":"PINS","issuer_cik":"1506293","model_ids":["PINS-H-IPO"],"from_date":"2024-06-10","through_date":"2026-09-19","reviewed_on":"2026-09-19","status":"reviewed_user_price_scenario","historical_only":false,"limitation":"Entered price is unverified. Use the actual common-share price on its dated basis, not a dividend-adjusted or retrospectively split-adjusted history.","listed_equivalent_factor":"1","splits":[],"sources":[{"url":"https://www.sec.gov/Archives/edgar/data/1506293/000150629320000013/pins-20191231.htm","title":"Original IPO share basis","locator":"Prospectus / offering and capital-stock terms; the existing private-to-IPO model supplies the entry conversion."},{"url":"https://www.sec.gov/Archives/edgar/data/1506293/000150629326000104/pins-20260630.htm","title":"Issuer 10-Q · 2026-08-04","locator":"Common-stock presentation and corporate-action screening. A missing split keyword alone is not evidence of a complete history."},{"url":"https://www.stocksplithistory.com/?symbol=PINS","title":"Supplemental split-history screen","locator":"Dated post-IPO corporate actions only. Ticker reuse can introduce unrelated pre-IPO events; those are excluded. No market quote was copied."}],"review_note":"Entry-to-IPO conversion reuses the approved company-specific model. The post-IPO corporate-action screen matches the issuer CIK and excludes reused ticker history predating its IPO. This is a bounded price-only scenario, not a licensed quote or a certified corporate-action feed."},"public_ipo":null},"limitations":["Historical research and hypothetical arithmetic, not live quotes, investment advice or an offer to invest.","Company valuation changes are not shareholder returns. Financing, dilution, security rights and exit access matter.","IPO offer-price marks are not realized sale proceeds; minimum investments and access are not established.","User-entered prices and valuations are assumptions, not sourced observations. Fee and carry treatment is stated by each method; taxes and distributions are excluded.","Selected surviving companies are not representative of private-market outcomes; investments may lose all value."]}