Etsy

“I think Etsy overall is probably the marketplace that has done, you know, the best around a really strong community that combines both online and offline elements.”

“In the, on, on OpenBazaar, and there are no listing fees. There are no fees that eBay or Etsy, whoever is in the middle, is going to be asking the sellers typically. So off the bat, there's like eight to nine to 10% that you can save initially.”

“So by the same argument, if we increase the fraction of the population who are owners, if we shift people away from being labor providers and towards being owners of tiny short-term accommodation businesses on Airbnb, of tiny retail operations on Etsy, of like…”

“Many of the major Web two point O companies that have seen a substantial growth in the last 15 years, this is Twitter, Tumblr, Etsy, eBay, Uber, every single one of these companies could someday see competition from a peer peer-to-peer protocol.”

“But then if they're manufactured in mass production, they're going to feel really inauthentic to me as a buyer. And so I think they're walking a really fine line of growth as well as authenticity.”

“Everyone knows that, like, Anthropic and OpenAI and all the other labs are buying RL environments of Amazon and of, like, Shopify and of Etsy and of all the different ways to shop on the internet. Of airline websites, right?”

“It's like Etsy, 10% of their traffic now comes from chat. And OpenAI makes nothing off of that.”