There is speculation Pinterest is gearing up for an Initial Public Offering in 2018. As of November 2017, Pinterest tied Instagram for 5th place social media network overall. As of September 2017, Pinterest surpassed 200 million monthly active users. As it continues to grow at a staggering rate, outpacing Facebook, Twitter, and more with the amount of monthly unique visitors, it also has the ability to make pins stay relevant and passed around for months, verses the short-lived life of tweets. To this day, Pinterest is continually growing (70 million users and climbing) and updating the app to allow for a more user friendly interface and features such as reporting others for SPAM, telling you if you have pinned something before, secret boards that only you can see, and the ability to send pins to people. In August of 2012, Pinterest stopped requiring an invitation to join, making it even easier to access. Pinterest became the fastest social network site to hit 10 million unique users, growing at an enormous rate of 4000% in 2011. From here Pinterest began to grow exponentially and by January 2012, it was reported to have over 11 million users. Pinterest gained its first 10,000 users 9 months after launch and then launched its iPhone app in March 2011. Pinterest launched with a closed beta in March of 2010, and then proceeded to an invitation-only beta soon after.
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