Etsy is actually making money. Just a few days shy of its second anniversary, the site has grown to a community of more than 250,000 registered members and 50,000 sellers, and is expanding daily. By the fall, the team expects Etsy to be completely in the black.
Next up on Etsy programmers' to-do list is a new payment system that will allow buyers to pay for items from multiple sellers in one transaction. And because Etsy sellers already hail from 84 different countries, making the site truly international—adding currency conversion, foreign-language support, and other features—is another project in the works for 2008. Though Etsy.com will always be the core of the business, down the road the team hopes to expand its offline ventures, too. "The big goal is to enable people around the world to make a living making things," Kalin says, and that includes the man himself.
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