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Etsy
Etsy, Inc. is an American e-commerce company with an emphasis on the selling of handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor, religious items, furniture, toys, art, as well as craft supplies and tools. Items described as vintage must be at least 20 years old. The site follows in the tradition of open craft fairs, giving sellers personal storefronts where they list their goods for a fee of US$0.20 per item. Beginning in 2013, Etsy allowed sellers to sell mass-manufactured items. , Etsy had over 100 million items in its marketplace, and the online marketplace for handmade and vintage goods connected 8 million sellers with 96 million buyers. At the end of 2024, Etsy had 2,400 employees. In 2024, Etsy had total sales, or gross merchandise sales (GMS), of US$12.6 billion on the platform. That year, Etsy garnered a revenue of $2.81 billion and registered a net gain of $303&nb ...
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Depop
Depop Limited is a social e-commerce company based in London, with additional offices in Manchester, Milan and New York City. The company has an expanding global presence and has been popularized in countries such as the United States, United Kingdom, Australia, New Zealand, and Italy. It allows users to buy and sell items, which are mostly used and vintage pieces of clothing. History Depop was founded in 2011 by entrepreneur Simon Beckerman at an Italian technological incubator and business start-up centre H-Farm. Beckerman came up with the original outline of the application during his time working on PIG, a fashion magazine based in Italy that he co-founded. The idea was to create a platform where products shown in the magazine could be purchased by users online. This idea turned into a concept similar to a flea market but on the internet, where people could sell their items while also being in control of advertising, public relations, and the creative process behind their a ...
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Josh Silverman
Joshua Gordon Silverman (born January 14, 1969) is an American entrepreneur and technology executive who is chief executive officer of Etsy. He is known for co-founding the invitation website Evite and being CEO of Skype (2008–10) and shopping.com (2006–08). Early life and education Silverman grew up in Ann Arbor, Michigan, where he attended Community High School. He earned a Bachelor of Arts in public policy from Brown University in 1991, after which he spent two years working for New Jersey Senator Bill Bradley. In 1995 he enrolled at the Stanford Graduate School of Business; he earned his MBA from Stanford in 1997. Career In November 1998, Silverman quit his job at ADAC Laboratories to work full time on building what would become Evite. Evite was acquired by Barry Diller's IAC/InterActiveCorp in 2001. In 2006, Silverman became CEO of Shopping.com, a comparison-shopping engine owned by eBay. In February 2008, he was named CEO of Skype. He left Skype in 2010 to join ...
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Dumbo, Brooklyn
Dumbo (or DUMBO, an acronym for Down Under the Manhattan Bridge Overpass) is a neighborhood in the New York City borough of Brooklyn. It encompasses two sections: one situated between the Manhattan Bridge, Manhattan and Brooklyn Bridges, which connect Brooklyn to Manhattan across the East River, and another extending eastward from the Manhattan Bridge to the Vinegar Hill, Brooklyn, Vinegar Hill area. The neighborhood is bounded by Brooklyn Bridge Park to the north, the Brooklyn Bridge to the west, Brooklyn Heights to the south, and Vinegar Hill to the east. Dumbo is part of Brooklyn Community Board 2. Dumbo has historically been known by several names, including Gairville, Rapailie, Olympia, and Walentasville. The area was originally a ferry landing, characterized by 19th- and early 20th-century industrial and warehouse buildings, Sett (paving), Belgian block streets, and its location on the East River by the imposing anchorage of the Manhattan Bridge. A large number of the bui ...
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Fred Wilson (financier)
Fred Wilson (born August 20, 1961) is an American businessman, venture capitalist and blogger. Wilson is the co-founder of Union Square Ventures, a New York City-based venture capital firm with investments in Web 2.0 companies such as Twitter, Tumblr, Foursquare, Zynga, Kickstarter, Etsy and MongoDB. Career Fred Wilson began his career as an associate and then became a General Partner at Euclid Partners. He worked at Euclid Partners from 1987 to 1996. In 1996 Wilson and Jerry Colonna began Flatiron Partners, which was named after the Flatiron District. Based in New York City, it grew into an investment fund that focused primarily on follow-on investing, with investments in notable dot-com bubble successes and failures, including Alacra, comScore Networks, Yoyodyne, Geocities, Kozmo.com, ''The New York Times'' Digital, PlanetOut, Return Path, Scout electromedia, Standard Media International, Starmedia, Favemail, and VitaminShoppe.com. The firm's 1996 fund capitali ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Mass-produced
Mass production, also known as mass production, series production, series manufacture, or continuous production, is the production of substantial amounts of standardized products in a constant flow, including and especially on assembly lines. Together with job production and batch production, it is one of the three main production methods. The term ''mass production'' was popularized by a 1926 article in the ''Encyclopædia Britannica'' supplement that was written based on correspondence with Ford Motor Company. ''The New York Times'' used the term in the title of an article that appeared before the publication of the ''Britannica'' article. The idea of mass production is applied to many kinds of products: from fluids and particulates handled in bulk (food, fuel, chemicals and mined minerals), to clothing, textiles, parts and assemblies of parts ( household appliances and automobiles). Some mass production techniques, such as standardized sizes and production lines, pred ...
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Internet Privacy
Internet privacy involves the right or mandate of personal privacy concerning the storage, re-purposing, provision to third parties, and display of information pertaining to oneself via the Internet. Internet privacy is a subset of data privacy. Privacy concerns have been articulated from the beginnings of large-scale computer sharing and especially relate to mass surveillance. Privacy can entail either personally identifiable information (PII) or non-PII information such as a site visitor's behavior on a website. PII refers to any information that can be used to identify an individual. For example, age and physical address alone could identify who an individual is without explicitly disclosing their name, as these two parameters are unique enough to identify a specific person typically. Other forms of PII may include GPS tracking data used by apps, as the daily commute and routine information can be enough to identify an individual. It has been suggested that the "appeal of o ...
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Offices Near Clumber Corner, Brooklyn, New York City
An office is a space where the employees of an organization perform administrative work in order to support and realize the various goals of the organization. The word "office" may also denote a position within an organization with specific duties attached to it (see officer or official); the latter is an earlier usage, as "office" originally referred to the location of one's duty. In its adjective form, the term "office" may refer to business-related tasks. In law, a company or organization has offices in any place where it has an official presence, even if that presence consists of a storage silo. For example, instead of a more traditional establishment with a desk and chair, an office is also an architectural and design phenomenon, including small offices, such as a bench in the corner of a small business or a room in someone's home (see small office/home office), entire floors of buildings, and massive buildings dedicated entirely to one company. In modern terms, an office i ...
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Bank Transfer
Wire transfer, bank transfer, or credit transfer, is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account, or through a transfer of cash at a cash office. Different wire transfer systems and operators provide a variety of options relative to the immediacy and finality of settlement and the cost, value, and volume of transactions. Central bank wire transfer systems, such as the Federal Reserves Fedwire system in the United States, are more likely to be real-time gross settlement (RTGS) systems, as they provide the quickest availability of funds. This is because RTGS systems, such as Fedwire, post each transaction individually and immediately to the electronic accounts of participating banks maintained by the central bank. Other systems, such as the Clearing House Interbank Payments System (CHIPS), provide net settlement on a periodic basis. More immediate settlement systems te ...
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Money Order
A money order is a directive to pay a pre-specified amount of money from prepaid funds, making it a more trusted method of payment than a cheque. History Systems similar to modern money orders can be traced back centuries. Paper documents known as "flying cash" were used in China from the 800s, while the Hawala practice of informal financial remittances through a widespread system of brokers can be traced to India in the 1300s and remains common in parts of Asia and Africa. The modern western money order system was established by a private firm in Great Britain in 1762, though due to high costs was not very successful. Around 1836 it was sold to another private firm which lowered the fees, significantly increasing the popularity and usage of the system. The Post Office (United Kingdom), Post Office noted the success and profitability, and it took over the system in 1838. Fees were further reduced and usage increased further, making the money order system reasonably profitable. T ...
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