Etsy's IPO: What Happens When An Artisan Marketplace Joins Wall Street?
If you love vintage and handmade goods, chances are you’ve heard of Etsy. The online peer-to-peer market touts itself as the centrifuge for artisan makers.
Now, the Brooklyn, N.Y.-based company is going public and could raise as much as $270 million. But despite its 1.4 million active sellers and 19.8 million active buyers, Etsy remains unprofitable.
So, can the “indie” marketplace ethos blend with money-first Wall Street? Here & Now’s Jeremy Hobson speaks with Kara Swisher of Re/code about what to expect.
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