History of Etsy
Etsy was founded in 2005 by Robert Kalin, Chris Maguire, and Haim Schoppik as an online marketplace for handmade, vintage, and craft supply items. The platform quickly gained popularity among independent artists and crafters looking for an alternative to mass-market retail. By offering a space for unique, artisan-made products, Etsy distinguished itself from other e-commerce giants like eBay and Amazon. The company grew rapidly, attracting millions of sellers and buyers worldwide. In 2015, Etsy went public, further cementing its position as a leading marketplace for creative entrepreneurs.
Over the years, Etsy has expanded its features, introducing tools for sellers, personalized recommendations for buyers, and sustainable initiatives. It has also acquired companies like Reverb, a marketplace for musical instruments, and Depop, a second-hand fashion platform, to broaden its reach. Despite facing competition from larger retailers, Etsy has maintained its niche by emphasizing handmade and vintage goods, fostering a strong community, and supporting small businesses globally.