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Here comes the Etsy IPO ...

Akin Oyedele   

Here comes the Etsy IPO ...
Stock Market1 min read

Etsy Office

Business Insider / Jillian D'Onfro

Etsy makes its public debut on Thursday.

On Wednesday night, the company priced its offering at $16 per share, giving it a valuation of $1.8 billion.

The online marketplace for handcrafted goods generated $195.6 million in revenue in 2014, up 56.4% from $125.02 million in 2013, according to its filing with the Securities and Exchange Commission.

According to the filing, Etsy had planned to sell 16.7 million shares at a price range between $14 and $16.

The company had been described as running an 'artisanal IPO' process for reportedly seeking small investors that share its commitment to "socially responsible business practices."

This post will be updated as the stock comes to market.

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