and then war be parker, the place where warby parker, where all the hipsters by their eyeglasses.ns us now. let's start with etsy. first, break down what this business is. leslie: it was founded as a company for handmade goods. that was started about a decade ago. they had wooden computers. get that for a tech company. and he created a marketplace. now, over time this company has evolved and now they sell "unique things." they allow their sellers to use manufacturers. not so homemade anymore. in order to build scale and prepare for the ipo. stephanie: is rob part of the company? leslie: his name is not mentioned once in the ipo. stephanie: ouch. someone should crochet him a pillow that says "sorry, dude." erik: what is etsy worth? leslie: we're looking at a $2 million company. stephanie: do they make any money yet? leslie: they have not. stephanie: what can the company due to become profitable? i do not see etsy being anything different. leslie: they actually set a standard for the ipo, and that includes expanding into more countries, going full speed ahead with their manufacturin

warby parker is a fantastic company.arted out small in eyewear, two guys who looked at the same type of industry, how consumers were paying a lot of money for glasses,'s prescriptions etc. they have lowered the price on. that's what we are trying to do here. the in-house prescription we are doing is a similar concept. we are trying to change it and get into the u.s. market. mark: what is your vision? how do you differ yourself from those goliaths that dominate the industry? >> the key is fashion forward. it is a similar model to what has been used before online and at a lower price point, but ensuring that it is retro relevant product. they appeal to people across all ages. we initially thought by starting at the price point we had, it would be 16-25 euros. -- 16 to 25-year-olds. it is actually 15 to 40-year-olds. as we grow, i think that it is not a huge percentage, as how warby parker would probably be 90% prescription. people are buying them just because they are so fashionable. we have 15% or 20% of customers who wou

they say warby parker has not held a formal funding process but with investor interest, it could change their minds. not to the lead -- etsy, the largest market for handmade crafts, has filed to go public. they have a $100 million fundraising ipo. they would put it on the nasdaq exchange. could be the largest ipo for a new york tech company since the dot-com bubble. leslie, this is interesting. these guys are going for it. what is this stage? >> it appears growth is still strong, 56% revenue growth in 2014 versus 2013. still unprofitable, posted net losses for 2014, still indicative of many of these tech companies that go public when growth is strong, profits in the negatives, and investors seem to like those companies. in this environment. >> topline growth in a zero interest rate environment looks exciting, i guess. is there a suggestion that things are getting better? you have your newly minted nyu mba. >> there is indication that things are getting better in terms of scale. they have enacted several policies that will expand the ecosystem. those include enabling sellers to outsource

>> his eyeglasses, i think those are warby parkers.ot of props for the eye wear. >> forget 80 days. we're around the world in two minutes. michelle caruso-cabrera breaking down the major world events impacting your money right now. and happiest stock on earth? disney shares hitting an all-time high. the analyst who made the call is on this show to defend it. and it is tournament time. wait until you hear how stocks usually perform during march madness and what your best bets might actually be. more "half" after this. there's a difference when you trade with fidelity. one you won't find anywhere else. one-second trade execution. guaranteed. did you see it? in one second, he made a trade, we looked for the best price, and the trade went through. do the other guys guarantee that? didn't think so. open an account and find more of the expertise you need to be a better investor. my nai'm a lineman for pg&e out of the concord service center. i have lived here pretty much my whole life. i have been married for twelve years. i have 3 kids. i lo

now some other b corporations include warby parker, ben and jerry's and pad gown ya. it sees its environmental and social goals as inseparable from its business goals. so this will be a test of how investors react to a company that prioritizes social good along with returns. ceo chad dickerson writing in the s1, quote, i intend to keep our unconventional operating philosophy as we become a public company. i believe etsy can be a public company that integrates the concerns of people on the planet, the present and the future. profitability and accountability. if we kuk seed then other companies might replicate our model. now the company says it will set aside 5% of shares sold in the ipo to its, quote, u.s.-based etsy community and other individual investors. we'll have to see what kind of valuation etsy seeks and whether investors think that prioritizing its community is a plus or a minus. carl? >> i'll take it from there, julia. thanks for that update. we will keep our eye on etsy filing values at about $1.7 billion. unicorn's, dragons, whatever the label the tech ind

some of them from warby parker others not. it just makes me want to buy even more, ok? re we going to see a warby park er ipo? leslie: the last round of investing -- it is economy that is five years old. the average age of an ipo is an 11-year-old company. investors might poke them and say hey, we want our exit, we want our liquidity now. betty: leslie picker, bloomberg news ipo reporter. that does it for today on "in the loop." don't forget, tomorrow is jobs day. the bad winter weather put a freeze on hiring in the u.s. we have an all-star lineup that includes princeton economist alan krueger, bloomberg view columnist mohamed el-erian, and jason furman chairman of the white house economic advisers. all starting at 8:00 a.m. eastern time. ♪ >> live from bloomberg headquarters in new york, this is "market makers," with erik schatzker and stephanie ruhle. erik: $21 billion prize -- why these two drugmakers say that much for a company with less than $1 million in net income? it makes a hot cancer drug. stephanie: a hot cancer drug come that is another level. if the london s