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Only an Artsy company like Etsy could lose money and still win big

Only an Artsy company like Etsy could lose money and still win big

Artists of every kind have become accus­tomed to using the Etsy mar­ket­place to sell their hand­made goods and crafts; well now it appears that Etsy.com has filed for an ini­tial pub­lic offer­ing. Etsy launched in 2005 and has been grow­ing sales prodi­gious­ly but is still unprof­itable, accord­ing to the company’s IPO fil­ing. In 2014 their gross mer­chan­dise sales went up 43% to $1.93 bil­lion from $1.35 bil­lion in 2013. Etsy has tak­en the ini­tia­tive with sales like this to file that ini­tial pub­lic offer­ing. They are hop­ing to raise about $100 mil­lion in new work­ing cap­i­tal. Etsy’s busi­ness is get­ting larg­er and more var­ied dai­ly attract­ing buy­ers and sell­ers out the wha­zoo, and let’s not for­get all that mobile. We can’t real­ly say for sure the exact num­bers but their mobile traf­fic account­ed for 53.2% of all traf­fic in 2014 com­pared with 41.3% in 2013. In their fill­ing they claim “We launched our first mobile app in 2011, and we con­tin­ue to enhance our mobile offer­ing,” Some inter­est­ing stats we can share says 89% of its sell­ers are female, and that their over­seas busi­ness is grow­ing. Inter­na­tion­al sales account­ed for 30.9%, equiv­a­lent to $596.4 mil­lion in gross sales over $383.4…

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Another great happening in Brooklyn, Etsy needs an Awesomesauce Product Manager!

Only an Artsy company like Etsy could lose money and still win big

Could you be the Prod­uct Man­ag­er for renowned Etsy? Etsy is a mar­ket­place where peo­ple around the world con­nect to buy and sell unique goods. Their mis­sion is to re-imag­ine com­merce in ways that build a more ful­fill­ing and last­ing world. Cur­rent­ly Etsy is proud to be a cer­ti­fied B Cor­po­ra­tion — a new kind of com­pa­ny that uses the pow­er of busi­ness to solve social and envi­ron­men­tal prob­lems. Etsy is lov­ing­ly built and main­tained by these fine folks who work in Brook­lyn, Hud­son, San Fran­cis­co, Berlin, Dublin, Lon­don, Toron­to, and around the world. The Etsy Prod­uct Man­age­ment team is respon­si­ble for the vision and direc­tion of a glob­al, dual-sided mar­ket­place that touch­es over 40 Mil­lion buy­ers and over 1 Mil­lion sell­ers. They sit in cross-func­­tion­al teams, use data and user-research to dri­ve deci­sion mak­ing, believe in con­tin­u­ous inte­gra­tion, and love spend­ing time with their users. They pri­or­i­tize work that deliv­ers impact at scale, is mea­sur­able, and is achiev­able. You’ll help shape Etsy’s prod­uct devel­op­ment strat­e­gy and ensure the deliv­ery of suc­cess­ful, new prod­ucts. You’ll work close­ly with your peers in engi­neer­ing, design, data analy­sis, mar­ket­ing, busi­ness devel­op­ment, and sup­port. This posi­tion is based in Brook­lyn, NY. Apply Here So…

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Etsy Finds the Elusive Female Engineer

Etsy Finds the Elusive Female Engineer

Female engi­neers are hard to find. “…good female engi­neers are being stalked like the last ante­lope on the African veldt” accord­ing to Fastcolabs.com. Imag­ine a com­pa­ny known to some as a dude fest but where 80% of the cus­tomers are female?  Sounds like they could use more of a diver­si­fied staff.  For Etsy it became more of a neces­si­ty giv­en the com­po­si­tion of their cus­tomers.  The chal­lenge was real as women hold only 25% of engi­neer­ing and com­put­er relat­ed jobs and in tech that num­ber is even low­er.  Women engi­neers do have their pick of where to work and are very focused on find­ing the com­pa­ny with the best cul­ture. Etsy not only found a way to up their quo­tient of women engi­neers but increased their recruit­ing suc­cess by over 500%.  Read more at Find­ing the Female Engi­neers at Fastcolabs.com.

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