2 ms·

Those smaller non-public competitors typically end up being acquired (or destroyed) by the larger, well-funded incumbent. Etsy's acquired a number of other mark

• ianbutler 5y ago
  That's totally fair but at what point are Etsy and <non-public-whoever> actually serving different markets -- and so not really competitors -- so it's not worth it for them to crush or acquire the non-public company focused on what is now a minor niche to the larger incumbent. I'm not saying you're wrong, I very much agree that it does tend to play out like that but from the strike it seems like some vocal segment of Etsy's market is no longer actually served by Etsy -- and more importantly (all speculation) Etsy has determined it's not in the best interest of Etsy to serve them so there is some niche to now be captured.
  • mitchdoogle 5y ago
    Etsy has been providing it's service at a discount and people are just mad about them bringing prices higher to match their value. I'm sure any serious seller has considered running their own site, or maybe they have one already, and they know the sales are nowhere near what they get on Etsy because of the built-in audience. If that wasn't the case they would've left Etsy already and not have to deal with Etsy telling them what to do. A "strike" for a few days accomplishes nothing if people just go back and continue buying and selling. The simple answer for them is to start their own site but that will involve doing everything themselves at significant cost. The fact they don't want to do that should be proof enough for them that Etsy is worth the fees