Unpacking Etsy’s S1

TechCrunch
By Ezra GalstonMar 29, 2015, 9:00 pm657 ptsHot
Etsy’s S1 filing didn’t disappoint. Etsy is a powerful business with extraordinary network effects. Its customers are extremely loyal, and its committed sellers are earning significant income. But there are legitimate concerns: it is the quintessential case study on the challenge of low margin platforms.…

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