A Petition for Etsy to Recommit to Its Values
coworker.org
coworker.org
If their stated goal is "To reimagine commerce in ways that build a more fulfilling and lasting world.", eliminating blatant trinket arbitrage sounds like it falls squarely under that umbrella.
I guess the problem with Etsy is that they have investors that demand more growth. Organic and more slow growth probably would have been better for Etsy, but now it is in a death trap.
When the company has been brought to market, cut up and sold as stocks, when the CEO + CTO have left and 20% of the staff have already been laid off - the battle is over.
The software doesn't seem revolutionary or deeply technical, maybe it's time to regroup as a competitor? By no means easy - but certainly more actionable than a nebulous unanswered petition.
It's not about values but about spending more money. But if you want to spend 25% of money on lavish living, which is fine, instead of the industry level of 10%, you should have not gone public and took IPO money.