Etsy is the most recent IPO filing to date. It’s a well-known ecommerce start-up, based in New-York, seed funded by Caterina Fake, Stewart Butterfield, Joshua Schachter & Union Square Ventures (Albert Wenger and Fred Wilson), further funded by Accel Partners, Index Ventures and Tiger Global, with a total of at least $100M raised before the IPO.
The three founders (Robert Kalin, Chris Maguire, Haim Schoppik) graduated from NYU around 2005 just before founding their start-up, then in their early to mid-twenties. But there is no info on them in the S-1 document. Kalin was CEO until July 2008 (came back between Dec. 2009 and July 2011). many employees and co-founders Maguire (Software development) & Schoppikleft in August 2008.
Founders: Robert Kalin, Chris Maguire, Haim Schoppik
and here is the usual cap. table. Interesting to check what the value at IPO will be…
Click on image to enlarge
Really interesting to note the founders’ shares are omitted in the filing. Do you have any idea why?
Well because they have left and also because you only need to mention shareholders owning more than 5% of the company. So no need to have any info about them. Unfortunately…