Cafepress to Go Public
Wade Roush6/13/11
San Mateo, CA-based Cafepress, one of the Web’s leading sellers of customized merchandise such as mugs and T-shirts, filed registration papers last week for an initial public offering. Cafepress hopes to raise $80 million in working capital in the offering. According to the filing, Cafepress’s largest shareholders include Sequoia Capital (20.4 percent), co-founder Fred Durham (19 percent), the Jain Family Trust (17.3 percent), Stratim Capital Funds (6.7 percent), and Institutional Venture Partners (5 percent).
