Etsy's IPO Tests Pledge to Balance Social Mission and Profit

In case you missed it, the NYT wrote a great piece about Etsy's recent IPO (and $3 billion valuation). Etsy is the second Certified B Corporation to go public:

The online craft bazaar Etsy made its debut on the Nasdaq stock market Thursday, signaling the birth of an unusual public corporation — and not just because its employees carry around compost on bicycles, or because its regulatory filings are peppered with phrases like, “We keep it real, always.”

Etsy is one of a growing number of companies, called B Corps, that pledge to adhere to social and environmental accountability guidelines set by a nonprofit organization called B Lab. And Etsy on Thursday became only the second for-profit company to go public out of more than 1,000 companies that have that certification.

Read the full article at the NYT here.

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