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"Etsy, the online seller of handmade crafts and vintage goods, is planning to go public as soon as this quarter with plans to raise $300 million, sources told Bloomberg News.\nIf the Brooklyn-based site rakes in that amount of cash, it would be the biggest New York tech IPO since 1999. The last time a New York-based tech company garnered that kind of a valuation was the dot-com boom when high valuations benefited listings from TD Waterhouse Group and Barnesandnoble.com, the e-commerce spinoff of the bookstore chain.\nLearn more about the biggest IPOs of 2014 from Fortune&amp;#8217;s video team:\n\n\t\t\t\t\n\t\t\t\n\t\t\t\nEtsy was started by painter and carpenter Rob Kalin in 2005. The multi-talented artist was looking for a way to sell his hand-built goods and started the online exchange. The company now has nearly 26 million items listed on its site&amp;#8211;anything from vintage champagne coupes to handmade dog collars.\nEtsy, which has been valued at more than $1 billion, brings in its profits by charging sellers 20 cents to list products and then takes another 3.5% commission from each item sold. It also generates revenue from advertising and payment procession. In 2013, the site reported $1.35 billion in gross merchandise sales, according to its website.\nGoldman Sachs \n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tGS\n\t\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t and Morgan Stanley \n\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\t\tMS\n\t\t\t\t\t\t\n\t\t\t\t\t\n\t\t\t\t\n\t\t\t are working with Etsy on its IPO, and the company is likely to file a prospectus this month with more financial details, sources told Bloomberg.\nAn Etsy spokeswoman declined to comment."^^<http://www.w3.org/2001/XMLSchema#string>
<http://fortune.com/2015/01/14/etsy-ready-for-its-public-debut/>