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Virtual Scrapbooking Site Pintrest Now Valued Around $5 Billion

May 16, 2014 7:03 AM EDT

While we at Streetinsider.com aren't too familiar with the site, many out there are huge fans of Pintrest. So much so, the site has garnered a valuation of around $5 billion.

The WSJ noted that Pintrest drew $200 million worth of investments during a recent fundraising... More