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This article was published on March 4, 2015

Etsy files for an IPO with plans to raise up to $100 million

Etsy files for an IPO with plans to raise up to $100 million
Napier Lopez
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Napier Lopez

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Napier Lopez is a writer based in New York City. He's interested in all things tech, science, and photography related, and likes to yo-yo in Napier Lopez is a writer based in New York City. He's interested in all things tech, science, and photography related, and likes to yo-yo in his free time. Follow him on Twitter.

Etsy, the platform for buying and selling handmade goodies, is filing for an initial public offering (IPO), according to a blog post. The proposed offering is $100 million, according to the filing.

Reports that Etsywould be filing for an IPO first appeared in January, initially suggesting the company was looking to raise $300 million. The company reported $1.35 billion in gross sales on its marketplace in 2013.

Etsy intends to list on NASDAQ as – predictably – ETSY.

➤ Etsy Has Filed a Registration Statement for an IPO

 

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