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Author Topic: Thoughts on Etsy going public?  (Read 1378 times)

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Offline CoonhoundBetty

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Thoughts on Etsy going public?
« on: March 05, 2015, 01:26:19 PM »
What are your thoughts on Etsy going public?

http://techcrunch.com/2015/03/04/etsy-officially-files-to-go-public/

I've thought that Etsy has been going downhill pretty rapidly as of late--so much China junk being sold. This just seems like Etsy becoming another Ebay.

Offline pinkkittywinks

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Re: Thoughts on Etsy going public?
« Reply #1 on: March 05, 2015, 01:44:30 PM »
It took a few reads for me to get past the jargon in the email!

I have noticed there are a lot of big sellers in China :( perhaps they will get more strict now they are going to be publicly owned?

My Esty shop is doing quite well, I have been putting quite a bit of work into it to try and make it a sucess.

I think time will tell.

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Offline Navi

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Re: Thoughts on Etsy going public?
« Reply #2 on: March 05, 2015, 01:50:31 PM »
Etsy hasn't felt right for a few years now (to me at least). I was really into it when it was more handmade and vintage things. Recently it seems more like Chinese resellers are flooding the marketplace.

It's true that things mass produced in a Chinese factory are still "handmade" by someone, but it's not one or two people working out of their house.
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Offline CoonhoundBetty

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Re: Thoughts on Etsy going public?
« Reply #3 on: March 05, 2015, 01:53:29 PM »
Navi, I can't stop staring at your Minty army!!

Offline CadePony

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Re: Thoughts on Etsy going public?
« Reply #4 on: March 05, 2015, 02:01:08 PM »
I've only started buying things off of Etsy within the past couple of years, and I might eventually start a shop on there in the future, so... I'm not quite sure what to make of this news.
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Offline brightberry

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Re: Thoughts on Etsy going public?
« Reply #5 on: March 05, 2015, 02:24:32 PM »
I don't know either.   I mostly shop there for doll clothes. 
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Re: Thoughts on Etsy going public?
« Reply #6 on: March 05, 2015, 03:17:48 PM »
I am glad and grateful for being a seller on Etsy. I wish Etsy nothing but the best and hope it grows and does well.

-Lizzie

Offline Navi

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Re: Thoughts on Etsy going public?
« Reply #7 on: March 05, 2015, 06:40:24 PM »
Navi, I can't stop staring at your Minty army!!

Haha, you can never have too much Minty!  :newpony:
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Offline rosierjay

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Re: Thoughts on Etsy going public?
« Reply #8 on: March 05, 2015, 07:07:23 PM »
i'm curious how things will be effected. the only things i usually buy off etsy are patterns and pieces or materials for things.
the vintage stuff is still too expensive.
wonder how it will effect my shop too. hmmm.

Offline ponyqueen

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Re: Thoughts on Etsy going public?
« Reply #9 on: March 06, 2015, 05:02:23 AM »
I respected Etsy when they came into the market as a place for artists and crafters to sell *handmade* stuff. I lost faith when they started letting "vintage items" and "craft supplies" in... because this includes basically everything else in the world.

I don't know... I feel like I may be skirting the margins myself, as I sell (or attempt to :blush:) prints, digital items (ie can be mass produced)and licensed characters (all handmade though!)

still... I'm pretty sure that makes me one of the bad guys.  :huh:
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Offline CoonhoundBetty

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Re: Thoughts on Etsy going public?
« Reply #10 on: March 06, 2015, 05:39:58 AM »
I respected Etsy when they came into the market as a place for artists and crafters to sell *handmade* stuff. I lost faith when they started letting "vintage items" and "craft supplies" in... because this includes basically everything else in the world.

I don't know... I feel like I may be skirting the margins myself, as I sell (or attempt to :blush:) prints, digital items (ie can be mass produced)and licensed characters (all handmade though!)

still... I'm pretty sure that makes me one of the bad guys.  :huh:

You aren't one of the 'bad guys,' far from it! To me, the bad guys are the people selling Chinese knock-off things (like kids clothes) while using the real creator's pictures, without permission or knowledge!

Offline kaoskat

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Re: Thoughts on Etsy going public?
« Reply #11 on: March 06, 2015, 07:38:00 AM »
Don't use it so it doesn't really matter to me one way or another.
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Offline melodys_angel

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Re: Thoughts on Etsy going public?
« Reply #12 on: March 06, 2015, 11:25:38 AM »
Im not sure what to think.

I wanted to start to sell my handmade jewelry online but that is scaring me off.  Noone knows me. Noones going ot look at whatever site I put up, let alone buy what I make when they can go to someone in China to get something factory made cheaper.

I don't know.  It sound slike they are shoving all of the handmade stuff off in favor of profit.
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Offline CoonhoundBetty

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Re: Thoughts on Etsy going public?
« Reply #13 on: March 06, 2015, 05:16:17 PM »
There was an article I read last night that says they haven't made a profit in a couple years :/ they are hoping to get like $300M by going public.

Offline ashes

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Re: Thoughts on Etsy going public?
« Reply #14 on: March 06, 2015, 08:35:30 PM »
I found some really great pony ears, horns, and wings for Halloween costumes off Etsy.  They were a bit pricey, but I've used them multiple times, and they are made well from a person who makes tons of accessories for cosplays, so I don't mind too much.

I honestly don't know what to think, since I don't really use Etsy that much.
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