Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

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The Death Spiral

Can Etsy Survive the Age of Amazon?

Etsy has proved it is incapable of making money and demonstrated that online companies can fall into a familiar retail trap.

The trap is the old one of ever-increasing sales that generate no real money. Dozens of retailers; ranging from Whole Foods to Rite Aid to Overstock.com, have fallen into over the years. The only way a company can profit from this trap is to sell itself to a larger retailer or private equity organization in search of market share or other resources.

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