By A. Ananthalakshmi for Rueters
(Reuters) – Silicon Valley startup Pinterest raised $100 million from a group led by Japanese online retailer Rakuten Inc, valuing the company at about $1.5 billion and underscoring the huge investor appetite for social-networking companies.
The news comes a day before Facebook starts trading as a public company that could be worth more than $100 billion.
Read More Here: Pinterest Values Company at $1.5 Billion