Pinterest closes $25 million round at $200 million valuation  

Pinterest, the infectious virtual bulletin board site, is poised to close a large round of funding — reportedly more than $25 million — with Andreessen Horowitz, which values the company at $200 million.

Pinterest is really well designed, and Ben Silbermann is a smart guy. I remember when he first pitched Pinterest to me a year or so ago, I kept thinking to myself, “this’ll never work.” Ha.