firm ceo max levchin joins us this morning in a cnbc exclusive. max, great to see you again.ou. congratulations. >> thank you great to be here >> thereof hear more about what you're up to and how this new round influences your view on potential public life. >> obviously one step at a time. so at some point we'll likely become a publicly traded company. today we're very happy to have plenty of gas in the tank to continue building. i'm wearing the t-shirt that suggests we have offices to open and folks to high ear tech platforms build. good day to start working again. >> what is this new round of money allow the firm to do >> more than anything. hiring building out our technology. we're tech first company and so majority of our investment really goes into technology and people that help us build it from that, of course, product and design ultimately the leverage in our business comes from our ability to build products from the ground up to disrupt things that have been built many decades ago. >> max, you're the ceo and co-founder of a firm but you have your hand in a number of

nine by the ceo of a unicorn company himself, early pinterest investor as well, paypal co-founder max levchinc exclusive. max, great to have you back. >> thank you for having me. >> so let's talk about pinterest. they are up against giants like yelp was you were an investor there and you were the chairman as well. pinterest is looking to come to market at more than three times yelp's current market cap. boil down the challenge for ben silverman and team to thrive in this environment with all these big competitors for ad dollars >> i think competitively they've proven themselves to be relatively successful at this point you can't price in the $10 billion almost range and not have real revenue. the revenue reported was almost $800 million it's a real growing concern. i think to the point of ipo pricing back in my day when paypal was going public if you didn't pop 100% on a day off you weren't a good company 60% day was a bad idea seems like things are a little more rationale and better these days think pinterest needs to keep growing and they are operating in a competitive market dominated by f