Fitbit’s IPO

August 9, 2015

Fitbit priced its 37 million share IPO on the NYSE on June 17 for a first trade on the following day at $20 per share. 22.4 million Class A shares were offered by Fitbit, thus raising $448 million for the company, while pre-IPO investors sold 14.2 million shares. continue reading

Etsy: a Hand-crafted Commerce Site

July 8, 2015

Etsy (NASDAQ: ETSY) operates an ecommerce marketplace, focused on handmade and vintage products and supplies, including clothing, jewelry, electronics, household goods, bath and beauty products, wine, do-it-yourself kits, and toys. Debunking the myth that successful ecommerce sites can be operated only from Silicon Valley or Seattle, Etsy’s operations are based in Brooklyn, one of the […] continue reading

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