Follow Us
It's official: Etsy is going public.
Etsy, the online marketplace for handmade goods, filed paperwork with the Securities and Exchange Commission Wednesday to raise as much as $100 million from an initial public offering. That fundraising figure may increase as we get closer to the IPO.
The company, which had previously been rumored to plan an IPO as soon as the first quarter of 2015, will trade on the Nasdaq exchange under the symbol "ETSY."
Etsy generated nearly $200 million in revenue throughout 2014, but posted a net loss of $15.2 million, up from a net loss of about $796,000 in the year prior, potentially raising a red flag among investors Read more...
More about Etsy and Business
0 comments:
Post a Comment