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by nebulous_two 1530 days ago
Not true. What stops this is the creation of another service that comes in to take that space...until they go public again

OR

They remain a private business that keeps that long term aim in spite of the volatility they are bound to experience over time.

2 comments

What stops that is the incumbents destroying or acquiring upstarts in their space. Etsy has already purchased Depop, Elo7, A Little Market, Trunkt, Reverb...
Why does Depop, A Little Market, Trunkt etc not get blamed for "selling out"? Because at the end of the day, people start businesses to make money. In fact, it is a tried and true model to create a start with the specific purpose of getting acquired.
OR

Etsy buys them to prevent a viable alternative to taking hold.

At the end of the day, there is typically a number that can be written on a check that will persuade.