One of the companies I’ve been following for a long time is Etsy.com.  Etsy.com is a website for folks selling craft items – or as they put it “Your place to buy & sell all things handmade.”  More broadly, they are referred to in the startup world as P2P commerce (person-to-person) – similar to eBay or any other site that enables person-to-person transactions with the website in the middle taking a small cut.

The press around the site has been amazing.  According to Techcrunch, “$100 million worth of goods were sold on Etsy in 2008. The company is generating over $1 million/month in revenue, Kalin told me.”

(more…)

Copyright Compete Blog – Startup-Watch: A Closer Look at Etsy.com