Pinterest Uses Regulation D Rule 506(b)

Pinterest uses Regulation D five times during its start up!

[fb_button]With a meager first capital raise of $700,000, Pinterest, Inc., formerly Cold Brew Labs, Inc. used Regulation D to raise over $600,000,000. In-fact, they have a Reg D Private Placement underway as we write this, raising an additional $199,000,000. It would seem, according to their filings (see below), they have indeed raised roughly $159,000,000 thus far in the current offering.

Reg D is used by thousands of private companies each year to raise over $1 Trillion. Each offering was sold by an Officer or Director of the company. These particular offerings relied on Reg D Rule 506(b), the old rule, where no solicitation is allowed.

We have included links to each filing below:

First 506 Offering for $998k

Second 506 Offering for $100M

Third 506 Offering for $200M

Fourth 506 Offering for $225M

Fifth 506 Offering for $200M

 

 

Since the final offering seems to be in-progress, we need to include the following disclaimer: This blog post is not an offer to buy or sell securities of Pinterest, Inc. It is intended solely for informational purposes, for readers of our blog.

About the Author

506 Docs StaffWilliam D. Kyle, founder and Managing Member, possesses more than 35 years of experience consistently delivering exceptional valuation, market share, profit and business growth within rapidly changing environments. Possessing strong decisive executive leadership, Bill’s experience transcends organizations from start-ups, including Flight Dynamics, Inc. [acquired by Honeywell] and FLIR Systems, Inc. to Fortune 1000 multi-billion dollar international companies including Groupe Bull and Zenith Data Systems. Customer focused and performance driven, Bill’s expertise includes strategic business development, capital acquisition strategies, strategic planning, marketing, sales and business development. As a senior-level executive, Bill has been instrumental in raising private investment capital, multiple IPO’s and P.I.P.E.s, reverse mergers and strategic acquisitions. An accomplished author, Bill has published several articles and was awarded the SAE Award for Technical Excellence for his article entitled, “Holographic HUDs in Commercial Aircraft.” While in the USAF, Bill was a select member of a USAF briefing team responsible for presenting multimedia presentations to Members of Congress and The President of The United States. Bill was a highly decorated USAF F-4 fighter pilot possessing over 2,000 hours in the F-4 including more than 325 combat hours during the Viet Nam War. Bill possesses a Bachelor of Science Degree in Accounting and a Master of Science Degree in Human Resource Management. Bill is also a member of The F-4 Phantom II Society, Order of Daedalians and Red River Valley Fighter Pilot Association.View all posts by 506 Docs Staff