Etsy is now valued at around $1.78 billion

With an initial public offering of $16/share, Etsy is being valued at around $1.78 billion. The company has become especially popular over the past few years by selling craft supplies and handmade goods through its online store, and now has nearly 30 million items listed. With a $0.20 listing fee and a 3.5% cut of every sale, that means Etsy has the potential to make some series cash, and that’s only one of a few sources of revenue.