Posted on February 14, 2012 at 9:55am
Observations from Etsy CTO Kellan Elliot-McCrea's Maker Faire presentation 9/18/11
- Community markets have bidirectional information flow, a diverse marketplace with increased capacity, and grassroots economics ("Markets are conversations").
- Handmade is characterized by creative inefficiency, as opposed to the current model where production is automated, uniform, and price-focused.
- Teams have 30% more sales than individuals. This reminded me of how scientific…