Etsy Needs to Preserve Its Values to Preserve Its Value
May 11, 2017•7 min
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Episode description
For Etsy, the internet's best-known marketplace for all things artisanal, the past week has served up a heaping portion of unpleasant corporate reality. After revealing aloss of nearly half-a-million dollars in the first quarter of 2017, Etsy said it would replace longtime chair and CEO Chad Dickerson. The company cut 8 percent of its workforce and said it wouldn't provide guidance on future earnings until August, when it hoped to have a better grip on its longer-term prospects.
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