Etsy Sellers Record $1 Billion in Sales Since 2005

Etsy reached a milestone over the weekend, reporting that on October 22, buyers had purchased $1 billion in goods since the site's founding. While that's small compared to eBay's gross merchandise volume, it's more impressive when you consider that a significant number of sales were items handmade by the seller. Etsy's CEO Chad Dickerson acknowledged that there had been a lot of changes made to the site recently, and said it would soon "lock down the site for the peak holiday season." However, he wrote in his sixth communication with sellers since taking the CEO reins 3 months ago,