‘Etsy reportedly planning IPO as soon as this quarter’ – ‘Mashable’
Seth Fiegerman says, “Etsy may be crafting a public offering.
The online marketplace for handmade goods is looking to raise around $300 million in an IPO that could take place as soon as this quarter, according to a report late Tuesday from Bloomberg.
A rep for Etsy declined to comment on the report.
The Brooklyn-based startup hired a chief financial officer from Fidelity in 2013, setting off speculation that it planned to go public. In May 2014, Etsy investor Fred Wilson said the company was “well positioned to go public” in the next year, depending on market conditions”.
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