Etsy: Over one million crafty hipsters served

(Credit: Etsy)

Etsy, the two-year-old "eBay gone indie," has sold its millionth item, according to Fred Wilson of Union Square Ventures, one of the New York City start-up's investors. The company now stands at 42 employees and 300,000 registered users (both buyers, sellers, and those who dabble in both),

Click here for our video tour of Etsy Labs, the real-world space that the company opened in February.

As a side note, I'm going to give myself a pat on the back, because I guess that octopus-shaped necklace I bought from Etsy last week helped push 'em over the edge. It is, as you may imagine, a very addictive little marketplace: shopaholics beware.

[elliedee12]

Was wondering how young artists can garner a 27 million dollar grant, segmented to commerce and tech. When all along I thought it to be a artisan community. Etsy has been around now for several years and few if any, people seem to be making it? Now I see the funding was more from the "new tech commerce" idea ala Ebay. That has little to do with the support of anyone in the community itself. All I see is it as fostering a clique mentality, by keeping it exclusive to buying and selling to one another?