>How in the hell do you spend $210 million dollars running a marketplace website?
Salaries. They have a few hundred employees, who are from the sounds of it pretty well paid (they're located in NYC, too).
Salaries. They have a few hundred employees, who are from the sounds of it pretty well paid (they're located in NYC, too).
And if it's truly only a couple hundred they are EXTREMELY well paid.
All the jurisdictions Etsy operates in require various forms of compliance, which you could waste engineer time on or hire dedicated employees to handle. And by going public they've likely had to hire 15-20 people to support their CFO and run compliance.
Real estate naming. Go figure.
See http://dumboheights.com/ (warning: real estate developer site).
* edited: directions in DUMBO are easy to confuse. What you think is north-south is east-west and vice/versa.