Sunday, December 21, 2008

Etsy

I was looking through my father's Inc. Magazine (The Handbook of the American Entrepreneur). The cover article was "Cool, Determined, Under 30". As I was flipping through it I saw the CEO of Etsy! I love Etsy....I mean, who doesn't? Anyways, it never occurred to me that the CEO was male and is just 28! I was impressed. I thought I would share the clip from the magazine with you. 

You can check out the full article here. (Oh and the CEO of Tumblr, David Karp, is listed here too.)



Here is the excerpt from the magazine:


"Rob Kalin

Current Venture: Etsy, a vast website that helps artisans sell handmade clothing and crafts. The Brooklyn, New York, business processes 20,000 orders a day, at an average sale of $15. The site charges a listing fee and takes a small commission on each transaction.

Why He's One to Watch: In just three years, Etsy has attracted 200,000 sellers, a million registered users, and more than $27 million in funding.

The Backstory: The son of a Boston furniture maker, Kalin flunked out of high school, briefly enrolled in an art school, and then faked an MIT student ID so he could take classes on the sly. He so impressed the professors there that they helped him get into NYU, where he learned how to build a website. In 2005, he launched Etsy with two classmates.

Employees: 65

After Hours: Kalin is learning to sew.

What's Next: Kalin, 28, stepped down as CEO in July, though he remains actively involved as Etsy's chairman and chief creative officer. "A lot of companies are started and prepped for an acquisition," he says. "But I hope this will be an independent company for hundreds of years."

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