@Loshan They could transition to a more data/audience-driven model a la Pinterest and Facebook. That could be interesting. The article also mentions that Shaffer opened her own free-standing eCom site after the Etsy took off. I wonder where the profit margins are better.
@Vib G Yor and @erinep no offence meant by this comment, but the use cases you both described are not going to sustain a public company. Etsy makes money the more listings/transaction volume gets done, and also when merchants pay to promote their stores within the platform. You've both basically proven my point.
I think Etsy's market share is being eaten up by Shopify and other ecom platforms with low barrier to entry. Etsy's differentiation used to be the handmade/small batch focus, but that's no longer the case. You can sell mass-produced products on the site now. The pricing structure is not competitive with other eCom platforms because they charge per listing AND a cut of the transaction, which penalizes businesses as they scale. Their only advantage is an easy ecom interface for people who are intimidated by technology, but you're basically building your store on rented land. Shopify, TicTail and Big Cartel are also straightforward enough that "I'm scared of computers" is no longer a barrier to creating one's own eCom store. TBH surprised they're going public, unless the equity holders want to cash out before the ish hits the fan.
w/r/t bathrooms, it depends on the size of the private plane you're on. In the smaller ones, it's a tiny cupboard separated from the last row of seats by a sliding door. The people sitting in the back can hear your every (bowl) movement. Kind of awkward when traveling with colleagues/clients/future in-laws.
I love TFC but I wish they would write more about increasing earning power vs. a scarcity mentality (LATTES!). That would be way more empowering, especially b/c the site is aimed at a female audience. #leanin #corporatefeminism #notsorry
I did this, with slightly more of a concept of my second career (but not much). It was like being the 5th cast member of Girls, but everything worked out.
Paying to get your taxes done is a tax deduction for next year! It's only $300 and such a no-brainer deduction. My biggest anxiety as a freelancer was biz dev/pipeline.
Reading this story and the comments made me realize I have less empathy than most people, apparently.
Maybe she should fake her own murder and frame him for it?
This made me want to move to Detroit. I'm assuming that these halcyon days are over now tho.