4 ms·

Etsy fits Cory's original definition to a tee though.

• stavros 2y ago
  Maybe, I'm not too familiar with their story. Who were the business users on Etsy?
  • mintplant 2y ago
    The sellers. Doctorow's original article uses Amazon as an example; you could fit Etsy into the same framing.
  • sumeno 2y ago
    This provides a good overview https://spy.com/articles/lifestyle/gifts/etsy-downfall-1203000173/ https://spy.com/articles/lifestyle/gifts/etsy-downfall-12030...
    • stavros 2y ago
      Please point me to the part where it talks about Etsy putting the users first, then the sellers, then Etsy itself.
  • resolutebat 2y ago
    - The users were the original arty-crafty people selling actually handmade products - Businesses come in to exploit the users by flipping AliExpress crap at 10x margins, Etsy does nothing to stop this because $$$ - Etsy realizes they could make even more money off businesses by eg forcing them to buy ads from Etsy once their income exceeds $10k - Now both users and businesses are pissed off and Etsy has entered a death spiral