Etsy Looks to Raise $300 Million in IPO This Year

Etsy is planning to raise roughly $300 million from an initial public offering as soon as this quarter.

According to sources cited in Bloomberg, the Brooklyn-based company is working with Goldman Sachs and Morgan Stanley on what could be New York City’s biggest tech IPO since the dot-com bubble at the turn of the century.

The e-commerce platfom charges 20 cents for product listings and takes a 3.5% commission from sold items, bolstering revenue further from advertising and payment processing fees. It’s valued at more than $1 billion.

Erin Green, who leads Etsy in Canada, will be hosting a session at Dx3 in March called “How to Connect Online and Offline Campaigns.” Green, who has worked at lululemon athletica and eLuxe, will teach attendees how to “to connect your online and offline campaigns without either tactic feeling forced to coexist.”