NEW YORK — Sian Zeng, who merges her love of fine art and textile design in whimsical, magnetic wallpaper, is the grand prize winner of the first Etsy Design Awards, announced Tuesday.

Craft marketplace Etsy just filed for an IPO. In 2014, the company had revenue of $195 million and incurred a net loss of about $15 million. But aside from financials, when a company files its S-1 ...