Re:Etsy acquires Grand St.
by aabalkan on Wednesday April 23, 2014 @04:03PM
(#7636557)
One of those company blogs you cannot go to company's website by clicking any visible link from the blog. It's like blog is a separate company on its own.
Re:Etsy acquires Grand St.
by dlevine on Wednesday April 23, 2014 @04:18PM
(#7636635)
Congrats! My last startup shared office space with Joe and Aaron's last company, and they are great guys and excellent developers. Etsy is lucky to have them and the rest of the team!
Re:Etsy acquires Grand St.
by thestepafter on Wednesday April 23, 2014 @04:34PM
(#7636714)
This is disappointing for two reasons.
#1. I have never heard of Grand Street until now even though I am their target demographic. Now I fear I won't be able to get all my purchases in before my other disappointment below.
#2. How long will it be until Grand Street is selling cheap knockoffs like Etsy allows?
Re:Etsy acquires Grand St.
by makomk on Wednesday April 23, 2014 @04:17PM
(#7636628)
They seem to be another site in the same vein as Tindie etc, but I've never heard of them despite being right in their target market (aside from not being in the US/Canada, which isn't usually an obstacle to hearing about US-only stuff) and despite following most of the avenues where something like this would usually be mentioned.
Re:Etsy acquires Grand St.
by subpixel on Wednesday April 23, 2014 @05:01PM
(#7636867)
Re: that article, I'm not sure how to reconcile "We can do it with or without you" with the rumored price of several million dollars. Unless the talent alone was worth the price of acquisition.
Re:Etsy acquires Grand St.
by inmygarage on Wednesday April 23, 2014 @05:37PM
(#7637070)
Amanda here, Grand St. co-founder. Jason's story is factually incorrect on a few things. To be clear: no threats were ever made or implied in deal meetings. Etsy is one of the most genuine and good-natured companies I have ever encountered.
Re:Etsy acquires Grand St.
by trevelyan on Wednesday April 23, 2014 @06:56PM
(#7637461)
"We have always admired them from afar, especially their dedication to craft and their commitment to their B Corp certification."
We have admired their B-corp certification? Is this a joke? It reads like satire, but I can't imagine anyone actually writing this on an acquisition announcement.
Re:Etsy acquires Grand St.
by troymc on Wednesday April 23, 2014 @09:12PM
(#7637987)
There's an Etsy blog post where they explain what a B Corp is and why they wanted to be certified as one [1]. "It’s like a LEED or Fair Trade certification, but for a business, not just a building or a bag of coffee."
Re:Etsy acquires Grand St.
by voodoomagicman on Wednesday April 23, 2014 @08:41PM
(#7637894)
I had to look it up, but a B-Corp is a 'Benefit Corporation' - it voluntarily takes on a legal obligation to consider social good as well as profit in its decision making process.
#1. I have never heard of Grand Street until now even though I am their target demographic. Now I fear I won't be able to get all my purchases in before my other disappointment below.
#2. How long will it be until Grand Street is selling cheap knockoffs like Etsy allows?
*edited to fix typo.
Show HN> Who was Y?
The story of Y is never told in these shut-down notices...
http://recode.net/2014/04/23/etsy-paid-less-than-10-million-...
We have admired their B-corp certification? Is this a joke? It reads like satire, but I can't imagine anyone actually writing this on an acquisition announcement.
[1] https://blog.etsy.com/news/2012/etsy-joins-the-b-corporation...
You can find their Overall B Score at:
https://www.bcorporation.net/community/etsy