Re:Etsy stock has lost 76% of its value in 9 months
by jsprogrammer on Friday January 15, 2016 @06:26PM
(#10913074)
Jet.com won't beat Amazon because they are selling a subset of Amazon's products for higher prices with a worse interface.
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Re:Etsy stock has lost 76% of its value in 9 months
by alexhu11 on Friday January 15, 2016 @06:54PM
(#10913256)
You just pointed out another barrier to entry for Uber and AirBnB. New entrants will probably have less selection and higher cost. This is fatal in a fundamentally commodity business. There will be no competitor to AirBnB or Uber for the foreseeable future.
Re:Etsy stock has lost 76% of its value in 9 months
by tracker1 on Friday January 15, 2016 @07:03PM
(#10913305)
Lyft seems to be doing okay, and don't underestimate targeted markets for upstart competition... If you can get most of the BnBs in say Sedona, Prescott and Payson Arizona to use your upstart service, you can grow from there, one targeted market at a time... local presence can be a significant advantage.