The fast-growing online inspiration board and social network Pinterest received a valuation of $3.8 billion yesterday. It's now one of the most valuable privately-held internet companies. Last May, the company was valued at $1.5 billion. They've received $225 million in equity funding, even though they have yet to prove they can be profitable.
In other news, an online home renovation marketplace launches in New York, and check out the Hearst Designer Visions Showhouse. See the headlines after the jump.
• Pinterest Receives $3.8 Billion Valuation | Jezebel
• Home renovations resource Sweeten launches in NYC market | The Editor at Large
• All the Luxe Details in Hearst's Designer Visions Showhouse | Curbed
(Image credits: Pinterest)