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ETSY Crashes Over 55% From Highs, Breaks Below IPO Price
It appears investors in ETSY just barely missed out on its 30 day IPO-back guarantee...
And here are the analysts covering this super-stock...
Which, as Union Square Ventures' Fred Wilson explains, confirms "public markets are doing a very good job of valuing public companies... and private markets need to be ratcheted back..."
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but but but, it's not about revenue its about eyeballs !!!!! aaaahhhhhhhh
30 day IPO-back guarantee...
I have my receipt, and I would like my money back now.
The ETSY bitsy spider went up the water spout...................
Tsk, the artisanal hipsters fall down and go boom......
Little Miss Muffet sat on the tuffet
Eating her curds and whey
Along came a spider and sat down beside her
Said, "What's in the bowl, bitch"
Hey, yeah, yeah
"What's in the bowl, bitch"
just like the first dotcom bubble crash...
A Flash-Sale on paper-plate macaroni art should do it!
Kindergarten art classes will be working triple time.
The price of tongue depressors and wooden ice pop sticks is volatile.
Maybe they could sell shares on Ebay
I thought net neutrality was going to be the magic carpet ride to riches for ETSY? /sarc
Close your eyes, tap your heels together three times, and repeat after me. There is no bubble.... there is no bubble.... there is no bubble....
in memory of f'edcompany.com:
BURN RATE B!TCHES!!!
Oh man, I remember reading F'd company every day during 2000-2001...it was insane how fast companies were imploding...it was like the inverse of CNBC during the ramp up....
I predict somebody will do a daily YouTube video of f'd companies when the burst really starts to accelerate !
Coming down is the hardest thing
https://www.youtube.com/watch?v=s5BJXwNeKsQ
I sell a few items on ETSY. There is very little exposure outside of ETSY platfom.
I hope for Li Hejun that the didn't invest the other half of his money in this company.
30day IPO back guarantee, hehe
No mention of the woman who got raped by the use of the service?
Might be why the stock is tanking.
http://www.khou.com/story/news/crime/2015/05/19/woman-raped-by-suspects-...
Sounds like they might have some synergy with eHarmony.
Sounds more like FHarmony to me.
I have a page on Etsy selling bedazzled mace and tasers for those times when a lady just isn't in the mood for surprise sex.
Every time I have sex it's a surprise.
Wow, I hope I didn't read that the wrong way.
Miffed;-)
Guess they'll just have to raise fees to keep wallstreet happy. Much like some other assholes I know that started out small and were for the little people.
WHOOPsy....
F the share price...I have two ETSY stores that I manage in my spare time and net around $1500 per month which I spend on stacking.
What? Not 7000/ week made by a second cousin of your friend's adopted sister? Ok, you must not be spamming. ;-)
I have found some great artisans on Etsy. One made a fabulous custom pendant of silver, brass and copper for a good friend of mine who also shares my love of PMs. Very reasonable. I couldn't find anyone locally that I could afford. Another imports some exotic nut butters from Africa and South America and makes a salve that is wonderful in our dry summer heat.
Not everything is silly junk crafts. I guess I'm not into such things. Just seems like cutesy clutter to me.
Miffed
I've got an Etsy acct, sold one piece for a thousand. A couple of smaller sales. The economy has brought down the prices art buyers will pay and artists' mentalities are to make it so anyone can afford, usually by selling prints of originals. Etsy has a trademark style.
There's always making propaganda art for the regime.