Etsy Going Public

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The website that provides hand-knitted tea cozies to the world went public yesterday and began trading today. The online craft marketplace Etsy was offered at $16 per share, and it’s already going for about twice that. That makes the company worth more than $3 billion. That’s a lot of beaded bracelets. We get all the details from a reporter who’s followed the offering closely.

Credits

Guest:
Telis Demos - Wall Street Journal - @telisdemos

Host:
Madeleine Brand

Producers:
Jolie Myers, Matt Holzman, Anna Scott, Christian Bordal