On deals and dealmakers. : Pinterest remains modest in all aspects of its business. The social media platform set a price range of $15 to $17 for its initial public offering, which puts it below the valuation at which it last raised private money. Pinterest last sold shares to pre-IPO investors in 2017 at a price of $21.54 each, valuing the company at roughly $12.3 billion. At the proposed price range, Pinterest would be valued below that level, at around $11 billion at the high end of its range.