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Etsy

Etsy is a marketplace within the electronic commerce industry. Founded in 2005, the company connects sellers with buyers for various products.

Etsy

Etsy is a marketplace within the electronic commerce industry. Founded in 2005, the company connects sellers with buyers for various products. Based in Brooklyn, New York, Etsy serves a diverse range of sellers, including many women-owned businesses.

General information

Firm type

other

Year founded

2005

Location

Region

Europe

Country

Ireland

City

Dublin

Corporate office

Dublin, Ireland

Principals

Josh Silverman

CEO

Robert Kalin

Founder

Sector focus

Marketplaces & PlatformsConsumer Tech

Frequently asked questions

Is Etsy a family office or investment firm?

No. Etsy is a publicly traded corporation (NASDAQ: ETSY) that operates as an online marketplace. It is not a family office, asset manager, or investment vehicle. The company's primary business is connecting independent sellers with buyers.

Who makes strategic decisions at Etsy?

Day-to-day operations are led by CEO Josh Silverman, who has served since 2017. Key strategic decisions are made by the executive team and approved by the board of directors. Founders Robert Kalin and Chris Maguire are no longer involved in management.

Does Etsy generate returns for investors?

Yes, as a publicly traded company, Etsy generates returns for shareholders through stock price appreciation and, since 2022, quarterly dividends. The company's financial performance is reported in SEC filings, including revenue, gross merchandise sales, and net income.

How does Etsy support its seller community?

Etsy provides tools for listing, payment processing, shipping, and marketing. The company also runs a seller protection program and offers educational resources. It collects a 6.5% transaction fee on sales, plus payment processing fees.

What is Etsy's investment thesis?

Etsy does not publish an investment thesis as a firm. Its business model relies on network effects: more sellers attract more buyers, and vice versa. The company invests in search, personalization, and marketing to grow its user base and transaction volume.

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