Etsy is under pressure to start acting more like a conventional company
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Re: Etsy is under pressure to start acting more like a conventional company
#2> A similar model had worked spectacularly well for EBay Inc., which had made money for 21 straight years...How, Wunder asked, was Etsy not making more money?
Because EBAY was already in that market! It's really no wonder Etsy has tanked as a community, sellers fleeing in droves, as the company works hard to destroy what it was, something unique, successful (even if it wasn't eating the world) and highly responsive to user's needs, into YET ANOTHER EBAY CLONE full of sweatshop manufactured crap.
Hooray for Capitalism! Race to the bottom!
/rant
Re: Etsy is under pressure to start acting more like a conventional company
#3> A similar model had worked spectacularly well for EBay Inc., which had made money for 21 straight years...How, Wunder asked, was Etsy not making more money? Because EBAY was already in that market! It's really no wonder Etsy has tanked as a community, sellers fleeing in droves, as the company works hard to destroy what it was, something unique, successful (even if it wasn't eating the world) and highly responsive t…
At the same time,
> Sellers who developed successful products were prohibited by Etsy policy from hiring employees to help them expand
Isn't that cruel? Your XYZ craft is amazing and people love it, but you can hire someone to help you make more. Then, the demand is just absorbed by copycats.
Re: Etsy is under pressure to start acting more like a conventional company
#4I can't help but think that the buyer appeal just isn't there. Looking back at the last couple of years I've bought a handful of items off of etsy. Come to think of it I probably buy more from EBay that from etsy, which is totally weird because I hate buying things on ebay.
Re: Etsy is under pressure to start acting more like a conventional company
#5> A similar model had worked spectacularly well for EBay Inc., which had made money for 21 straight years...How, Wunder asked, was Etsy not making more money? Because EBAY was already in that market! It's really no wonder Etsy has tanked as a community, sellers fleeing in droves, as the company works hard to destroy what it was, something unique, successful (even if it wasn't eating the world) and highly responsive t…
I couldn't agree more. I've never been a customer, but my girlfriend won't even go to the site anymore. Perfect example of a company that should have stayed private, and been happy with what they had.
Re: Etsy is under pressure to start acting more like a conventional company
#6The focus on eternally positive second derivatives is the cancer of American capitalism.
Re: Etsy is under pressure to start acting more like a conventional company
#7Why is ETSY stock soaring? I don't get it. Are they doing something to get rid of crap on their site?
Edit: sorry, I meant soaring this week.
Re: Etsy is under pressure to start acting more like a conventional company
#8> A similar model had worked spectacularly well for EBay Inc., which had made money for 21 straight years...How, Wunder asked, was Etsy not making more money? Because EBAY was already in that market! It's really no wonder Etsy has tanked as a community, sellers fleeing in droves, as the company works hard to destroy what it was, something unique, successful (even if it wasn't eating the world) and highly responsive t…
At the same time, > Sellers who developed successful products were prohibited by Etsy policy from hiring employees to help them expand Isn't that cruel? Your XYZ craft is amazing and people love it, but you can hire someone to help you make more. Then, the demand is just absorbed by copycats.
I know someone in Tennessee who has started listing on Amazon Homemade or whatever it's called, she says they're LESS demanding than Etsy and that's just psychotically sad.
Re: Etsy is under pressure to start acting more like a conventional company
#9Why is ETSY stock soaring? I don't get it. Are they doing something to get rid of crap on their site? Edit: sorry, I meant soaring this week.
Soaring is charitable, because it's still under the IPO price, but Wall St is happy the board fired the founding CEO and CTO.
Re: Etsy is under pressure to start acting more like a conventional company
#10> A similar model had worked spectacularly well for EBay Inc., which had made money for 21 straight years...How, Wunder asked, was Etsy not making more money? Because EBAY was already in that market! It's really no wonder Etsy has tanked as a community, sellers fleeing in droves, as the company works hard to destroy what it was, something unique, successful (even if it wasn't eating the world) and highly responsive t…
Like the other commenter says, maybe they should have stayed private if remaining committed to their ideals was such a high priority.