Etsy's CEO, Josh Silverman, highlighted that despite facing significant macroeconomic challenges, the company achieved $109 million in net income, maintaining pandemic gains and delivering strong growth.
The Etsy sellers' strike, involving 14,000 participants, sparked discussions about a more equitable marketplace, leading to the conception of a cooperative alternative focused on artisan interests.
Mastress Tara noted, 'We envisioned building a better marketplace experience that develops an organization really staked in the economic and creative livelihood of artisans...'
The Artisans Cooperative is a response to seller frustrations, featuring a points system for ownership that allows artisans to invest and benefit from their contributions to the marketplace.
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