Comments by "Da O" (@dao8805) on "What Happened To Etsy?" video.

You said it. Shareholders getting into the mix is the problem. There needs to be a competitor to Etsy that is employee owned and focused on making sellers and buyers happy instead of shareholders. It would be like cutting out the middleman. The activist sellers in this video need to consult with someone like Professor Richard Wolff to set up an alternative to Etsy that is not owned by shareholdeers.
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@bagussriyono874 Taking any company public automatically changes its mission to one of MAXIMIZING shareholder wealth above else. The artist sellers who do the actual work and the buyers who want to buy truly handcrafted items don't matter to greedy shareholders. If shareholders want to "invest" in the handmade martketplace they should try coming up with the creative ideas themselves and bringing them to fruition instead of skimming off of other people's talent and hard work.
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The problem is that it is run for shareholders, not the buyers or the sellers. If it were a worker co-op this would not have happened. There needs to be a worker co-op competitor to Etsy where sellers can sell and buyers can buy what they really want without having greedy shareholders making money off the transactions.
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