Hacker News Reader

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.

View on HN

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.

Reply on news.ycombinator.com