Hey Mickey, You’re So Fine: Meet the Man Who Landed Silicon Valley’s Hottest Funding Deal in Pinterest

The $1.5 billion valuation can still blow your mind.

News Byte

Etsy Secures $40 Million for International Expansion

Etsy, the online marketplace where people sell their arts and crafts, has raised $40 million in funding. Investors include Index Ventures (which led the round), Accel Partners, Union Square Ventures, Hubert Burda Media and Glynn Partners. In a blog post, Etsy CEO Chad Dickerson said the company will expand internationally. To date, Etsy has raised $91 million in capital.

Etsy CEO on Building a Lean Start-Up: Deploy, Deploy, Deploy

The key to building a successful start-up and keeping employees happy is using a “deployinator” button, Etsy’s CEO says.
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News Byte

Design Site Fab.com Adds Two C-Level Execs

Fab.com, the flash sales site dedicated to contemporary design, has appointed two new executives: Beth Ferreira as COO, and David Lapter as CFO. Ferreira was most recently a consultant to start-ups; before that, she was VP of operations and finance at Etsy. Lapter was most recently with KIT Digital, which acquired his previous company, KickApps.

Kabbage Closes on $17 Million Round to Help Online Merchants Grow

Kabbage, which helps small online merchants obtain working capital, has raised $17 million in a second round of funding.
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Etsy Moves CTO Dickerson to CEO, Replacing Founder Rob Kalin

Etsy, the handmade goods online marketplace, has appointed its CTO Chad Dickerson as CEO. He replaces founder Rob Kalin, who stepped back into the top leadership role in late 2009.
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VCs Pay Up for Second(ary) Chance to Invest in Web Winners

Apparently some folks wanted extra cash to buy ultra-deluxe Christmas gifts last year. Current employees of private companies made up the largest single portion of stock sellers on SecondMarket in December, a huge leap from prior months.

Abe's Market Raises $3.4 Million to Target E-Commerce Niche

Investors are betting they’ve found the next Diapers.com, Etsy or ModCloth, but instead of being a niche marketplace for baby products, crafts or independent designers, this one’s focused on natural and organic products.

Voices

For the Person Who Has It All, Skyara Sells New Stuff to Experience (Video)

What do you get for the person with everything this holiday season? Start-up Skyara lets users offer unique experiences for sale in their local area and share what they do best with those who want something new in their lives.

Former Googler Adam Freed Takes COO Job at Etsy, As It Crafts More Funding

Former Google international exec Adam Freed has taken a job as COO of Etsy, the crafts e-commerce site, which just raised another $20 million in venture funding. Index Ventures is part of the new round, which also includes previous investor Accel Partners. Freed speaks nine languages, which will come in handy at Etsy, since it helps craftspeople globally sell handmade items online.