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
Etsy, Inc.
Consolidated Balance Sheets




Commitments and contingencies
Convertible preferred stock:
Series A and A-1 convertible preferred stock ($0.001 par value, 2,363,786 shares authorized as of December
31, 2014; 2,363,786 shares issued and outstanding as of December 31, 2014 and no shares issued and
outstanding as of December 31, 2015; $808 aggregate liquidation preference as of December 31, 2014) 808
—
Series B convertible preferred stock ($0.001 par value, 1,128,431 shares authorized as of December 31, 2014;
1,128,425 shares issued and outstanding as of December 31, 2014 and no shares issued and outstanding as
of December 31, 2015; $903 aggregate liquidation preference as of December 31, 2014) 865
—
Series C convertible preferred stock ($0.001 par value, 1,234,084 shares authorized as of December 31, 2014;
1,222,282 shares issued and outstanding as of December 31, 2014 and no shares issued and outstanding as
of December 31, 2015; $3,263 aggregate liquidation preference as of December 31, 2014) 3,361
—
Series D and D-1 convertible preferred stock ($0.001 par value, 4,240,120 shares authorized as of December
31, 2014; 4,215,610 shares issued and outstanding as of December 31, 2014 and no shares issued and
outstanding as of December 31, 2015; $27,949 aggregate liquidation preference as of December 31, 2014) 27,870
—
Series E convertible preferred stock ($0.001 par value, 401,450 shares authorized as of December 31, 2014;
396,727 shares issued and outstanding as of December 31, 2014 and no shares issued and outstanding as of
December 31, 2015; $6,300 aggregate liquidation preference as of December 31, 2014) 6,201
—
Series 1 convertible preferred stock ($0.001 par value, 203,399 shares authorized as of December 31, 2014;
203,399 shares issued and outstanding as of December 31, 2014 and no shares issued and outstanding as of
December 31, 2015; $1,312 aggregate liquidation preference as of December 31, 2014) 1,322
—
Series F convertible preferred stock ($0.001 par value, 11,594,203 shares authorized as of December 31,
2014; 11,594,203 shares issued and outstanding as of December 31, 2014 and no shares issued and
outstanding as of December 31, 2015; $40,000 aggregate liquidation preference as of December 31, 2014) 39,785
—
Total convertible preferred stock 80,212
—
Stockholders’ equity:
Common stock ($0.001 par value, 120,000,000 and 1,400,000,000 shares authorized as of December 31, 2014
and December 31, 2015; 44,180,939 and 112,563,354 shares issued and outstanding as of December 31,
2014, and December 31, 2015, respectively) 44
113
Preferred Stock ($0.001 par value, 25,000,000 shares authorized as of December 31, 2015) —
—
Additional paid-in capital 103,355
406,020
Accumulated deficit (32,377)
(86,440)
Accumulated other comprehensive (loss) income (3,934)
10,805
Total stockholders’ equity 67,088
330,498
Total liabilities, convertible preferred stock and stockholders’ equity $ 246,203
$ 553,061
The accompanying notes are an integral part of these consolidated financial statements
69