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by dailyvijeos
3133 days ago
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I wish eBay, AliBaba or Amazon would buy Etsy and integrate the site well while keeping management and the right amount of operations independent. Etsy is, right now, a dingy in the storm of a double-ended marketplace without the reach of the 800 million pound cargo-ship empire gorilla. Otherwise, a smaller platform will likely buy it for an “undisclosed sum” and kill it, or investors will throw in the towel. Maybe that’s what he’s doing: reducing liabilities (ie salaries) and making revenue look good to spark M&A interest, while also considering survivability without an exit. |
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It seems much more likely that eBay, AliBaba or Amazon would kill it if one of them bought it.