Wednesday, May 17, 2017

What happens if Etsy gets sold?

Will the sale of Etsy change anything?
Is Etsy for sale? Is that a bad thing?
Would would it mean if Etsy were sold? Rumors abound about it.

It is really a matter of ownership: do the current stockholders continue to own Etsy, or will someone else step in? If they did, would it make a big difference?

I went into a panic about this a couple of weeks ago... Will life here as we know it end?

Someone pointed something out to me:

(Taken from Wikipedia)

"Founded by Steve Ells in July 1993, Chipotle had 16 restaurants (all in Colorado) when McDonald's Corporation became a major investor in 1998. By the time McDonald's fully divested itself from Chipotle in 2006, the chain had grown to over 500 locations."

Think about it: when McDonalds had a large stake in Chipotle Grill, did they go and change all of the restaurants to McDonalds? No, instead Chipotle expanded greatly. 

Being taken over could mean getting improvements and upgrades like phone support and better site releases. Not so many site bugs would be nice, would it not?

So being sold might not be a bad thing. Regardless of how it plays out, Etsy is changing. 

Hopefully we all like what Etsy becomes, is becoming.

5 comments:

  1. Great post, Joanne! Can always count on you to see the positive.

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  2. Joanne, thank you for putting another perspective on my thoughts of what might happen should Etsy sell out.

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  3. This blog post helps ease the mind a lot about the Etsy selling thing. No use getting nervous about it. What will be will be.
    Thank you and hope you are right.

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  4. I agree, is hard to think about change but look at ebay, now improving the buyer experience with videos. Maybe that will be us one day.

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  5. Ebay improved for the buyer but not the seller in my opinion.

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Are you having a sale?

Etsy is having a Labor Day Sale promotion. Are you participating?  Here is the announcement. I am moving in September, so you bet I am. ...