Leadership Next

Etsy: An Amazing Year During a Terrible Time


Listen Later

Etsy - the e-commerce site focused on handcrafted goods - saw its revenue more than double in 2020. CEO Josh Silverman describes the COVID-19 pandemic as the company's "Dunkirk moment." At a time where traditional suppliers couldn't even come close to meeting the demand for face masks, Etsy makers stepped up. The company wound up selling about $740 million worth of masks in 2020, according to Silverman. However those sales were dwarfed by the clamor for home goods - everything from custom-made desks to throw pillows.

In this episode of Leadership Next, Silverman tells Alan Murray and Ellen McGirt why he believes so many people turned to Etsy during the pandemic. And he explains the company's commitment to three big issues: economic empowerment, diversity and sustainability, saying "being a good citizen makes us an even better business."

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

Leadership NextBy Fortune

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

100 ratings


More shows like Leadership Next

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,128 Listeners

WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,707 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,329 Listeners

Masters in Business by Bloomberg

Masters in Business

2,168 Listeners

Odd Lots by Bloomberg

Odd Lots

1,942 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,693 Listeners

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

Invest Like the Best with Patrick O'Shaughnessy

2,361 Listeners

Founders by David Senra

Founders

2,170 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,988 Listeners

Bold Names by The Wall Street Journal

Bold Names

1,446 Listeners

How Leaders Lead with David Novak by David Novak

How Leaders Lead with David Novak

579 Listeners

The David Rubenstein Show by Bloomberg

The David Rubenstein Show

171 Listeners

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

All-In with Chamath, Jason, Sacks & Friedberg

9,971 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

454 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

299 Listeners