Etsy IPO'd today and the company is an incredible story of empowering over a million small business men and women to sell unique and one of a kind goods online.
In aggregate, these entrepreneurs sold over $1.93 billion in goods last year, as revealed by Etsy's S1 filing. And while it took Etsy 10 years to get there, its growth is nevertheless astonishing. When Etsy acquired my startup Adtuitive in late 2009, the marketplace sold about $180 million in total goods that year. When I left after three awesome years there, the marketplace was doing an annual run rate of over $1 billion.Read More