Etsy, a global marketplace for handcrafted goods, had its IPO last week. On the first day of trading the company closed with a solid plus of 86%.
While I won’t get into a detailed analysis of Etsy’s business model in this article, or whether I think the company to be worth $3 billion, I will say that it is reassuring indeed to see a company that isn’t selling a digital, social service or app but handcrafted physical products, has achieved to gain traction among a global user base.
Etsy’s IPO shows that learning to program is not the only possible career option in the future, and that is really a good thing.
The other thing that excites me is how an IPO-powered Etsy will influence the rise of online education startups that cater to creators.
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