October 9, 2024

Etsy CEO on Massive Expansion and Shaping the Future of New York Tech

Etsy CEO on Massive Expansion and Shaping the Future of New York Tech

Author: TANYA BENEDICTO KLICH | Source: Entrepreneur

Etsy recently inked one of the largest commerical lease deals Brooklyn, N.Y., has seen over the last decade. The handmade goods marketplace says its new 200,000 square-foot office will lead to more than 300 hires over the next five years. Just last month, the company also completed its sixth acquisition when it bought A Little Market, a French digital marketplace. Etsy did not disclose deal-terms but The Wall Street Journal estimated the purchase price at $100 million in cash and stock.

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