(Additional reporting by Noor Zainab Hussain in Bengaluru Editing by Maju Samuel) Sharp founded the online scrapbook and photo-sharing platform along with Ben Silbermann, who is the company's chief executive officer, and Paul Sciarra, who left in 2012. News of the potential deal comes less than a week after Pinterest co-founder Evan Sharp announced plans to leave the company to join LoveFrom, a firm led by Jony Ive, the designer of many iconic Apple products.

PayPal's shares were down about 3.5%, while Pinterest's shares were up over 10% at $61.55. The source requested anonymity as the discussions are confidential. PayPal and Pinterest did not immediately respond to Reuters' requests for comment. Sharp is Pinterest’s chief design and creative officer, and as co-founder, sits on the board of directors. The price would represent a 26% premium to Pinterest's closing price of $55.58 on Tuesday. co-founder Evan Sharp is stepping down from the company and plans to join LoveFrom, the design firm founded by former Apple Inc. The companies have discussed a potential price of $70 per share, which would value Pinterest at around $39 billion, according to Bloomberg News. Payments giant PayPal Holdings Inc is in talks to buy digital pinboard site Pinterest Inc, according to a person directly familiar with the matter. Reuters | Updated: 20-10-2021 21:38 IST | Created: 20-10-2021 21:35 IST Representative image Image Credit: Pixabay co-founder Evan Sharp is stepping down from the company and plans to join LoveFrom, the design firm founded by former Apple Inc.

Pinterest evan sharp jony lovefrom