In a blog post announcing the acquisition, Etsy CEO Chad Dickerson said, "What unites Etsy and Grand St. is a shared vision of the way making is changing, and we're excited to learn from their community." Grand St., which is also based in New York, curates all the products on its site, and a beta feature lets buyers give feedback to makers. The deal is still closing -- and financial details haven't been shared -- but it definitely seems to be positive news for those in the small-batch maker space.