Online retailer Etsy, known for its handmade crafts, filed documents on Wednesday confirming plans by the Brooklyn-based company to go public. Etsy didn't say how many shares it intends to sell in the offering, but said it seeks to raise at least $100 million worth selling its stock, which will then trade under the ticker symbol "ETSY." The offering is being handled by Goldman Sachs, Morgan Stanley and boutique investment bank Allen & Company, according to Etsy's filing with the Securities and Exchange Commission.
Online crafts retailer Etsy has appointed Adam Freed as its chief operating officer after raising $20 million in new financing. Freed formerly served as Google's director of international product management, setting up online advertising operations in several countries and starting a multilingual operations center in Dublin.