Grit

#218 CEO Etsy, Josh Silverman: Second Acts


Listen Later

Guest: Josh Silverman, CEO of Etsy

When Josh Silverman joined the board of Etsy, he had one condition: “Don’t ask me to the be the CEO.” And technically, they didn’t ask. One day, he got a phone call informing him the board had elected him as the new CEO, just days before an earnings miss. He knew the odds were against him — layoffs would be necessary, and “I was going to have to be the villain” — but decided to say yes out of a sense of duty to Etsy’s users and workers. “If I can be helpful, I have a responsibility to do it,” Josh says.

Chapters:

  • (00:55) - Energy management
  • (02:42) - Meetings
  • (09:56) - Etsy’s strategy
  • (13:36) - Learning to delegate
  • (17:10) - Setting an example
  • (24:17) - Evite’s rise and fall
  • (27:46) - Self vs. company
  • (30:22) - Legacy
  • (34:21) - Control and agency
  • (37:44) - Joining Etsy’s board
  • (40:40) - Becoming CEO
  • (46:16) - Culture shock
  • (48:09) - “We need you, trust us”
  • (51:25) - eBay and Skype
  • (57:15) - Pushed out
  • (01:00:40) - Accountability and family
  • (01:03:53) - Time horizons
  • (01:05:55) - Gen AI-supported art
  • (01:08:29) - Who Etsy is hiring and what “grit” means to Josh

  • Mentioned in this episode: Ken Chenault and American Express, Nick Daniel, Rachana Kumar, Ticketmaster and IAC, Etsy Studios, Silverlake, Shopping.com, Google, Microsoft, and Austin City Limits. 


    Links:

    Connect with Josh

    • LinkedIn

    Connect with Joubin


    Learn more about Kleiner Perkins

    This episode was edited by Eric Johnson from LightningPod.fm

    ...more
    View all episodesView all episodes
    Download on the App Store

    GritBy Kleiner Perkins

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    191 ratings


    More shows like Grit

    View all
    This Week in Startups by Jason Calacanis

    This Week in Startups

    1,296 Listeners

    The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

    The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

    536 Listeners

    The a16z Show by Andreessen Horowitz

    The a16z Show

    1,105 Listeners

    Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

    Invest Like the Best with Patrick O'Shaughnessy

    2,342 Listeners

    Founders by David Senra

    Founders

    2,221 Listeners

    Y Combinator Startup Podcast by Y Combinator

    Y Combinator Startup Podcast

    233 Listeners

    All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

    All-In with Chamath, Jason, Sacks & Friedberg

    10,254 Listeners

    Dwarkesh Podcast by Dwarkesh Patel

    Dwarkesh Podcast

    551 Listeners

    ACQ2 by Acquired by Ben Gilbert and David Rosenthal

    ACQ2 by Acquired

    300 Listeners

    No Priors: Artificial Intelligence | Technology | Startups by Conviction

    No Priors: Artificial Intelligence | Technology | Startups

    150 Listeners

    BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

    BG2Pod with Brad Gerstner and Bill Gurley

    475 Listeners

    AI + a16z by a16z

    AI + a16z

    34 Listeners

    TBPN by John Coogan & Jordi Hays

    TBPN

    140 Listeners

    Uncapped with Jack Altman by Alt Capital

    Uncapped with Jack Altman

    42 Listeners

    Cheeky Pint by Stripe

    Cheeky Pint

    58 Listeners