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Etsy delivers a carefully crafted IPO

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The top execs at Etsy marked its first day as a public company in the most Etsy way possible: by ringing a set of "handmade and vintage bells."


Etsy, a decade old online marketplace for handcrafted goods, began trading on the Nasdaq Thursday, opening at $31 per share, nearly doubling from its IPO price, suggesting much stronger-than-expected demand for the business.


The Brooklyn-based company announced late Thursday that it had priced its IPO at $16 a share, at the high-end of its previously proposed price range, raising $267 million from the public offering and valuing the company at nearly $1.8 billion Read more...


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