Etsy reportedly is working on an initial public offering that could debut this quarter.
The crafts and antiques etailer hopes to raise $300 million. If the IPO does indeed materialize, it could give the New York City tech community some much-needed financial oomph. The last tech IPO to originate in the Big Apple occurred during the dot-com bubble; meanwhile, there are several other local tech companies waiting in the wings to go public as well. Etsy is working with Goldman Sachs Group and Morgan Stanley on the IPO.
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Report: Etsy Aims to Charm Wall Street
Posted by: Erika Morphy January 15, 2015 05:40 PMEtsy reportedly is working on an initial public offering that could debut this quarter.
The crafts and antiques etailer hopes to raise $300 million. If the IPO does indeed materialize, it could give the New York City tech community some much-needed financial oomph. The last tech IPO to originate in the Big Apple occurred during the dot-com bubble; meanwhile, there are several other local tech companies waiting in the wings to go public as well. Etsy is working with Goldman Sachs Group and Morgan Stanley on the IPO.