Pinterest Selects Goldman, JPMorgan to Lead IPO

Pinterest Inc. has picked Goldman Sachs Group Inc. and JPMorgan Chase & Co. to lead its initial public offering, according to a person familiar with the matter.

The visual search site, where users post and look for pictures that interest them, could raise about $1.5 billion in an IP0, said the person, who asked not to be identified because the matter wasn’t public. The company could go public in the first half of the year, the person said.