Sunday, May 17, 2009

Up and Coming, I'd say.

"1000 Markets is an Etsy rival with backing from PayPal founders"

The Founder's Fund, a San Francisco venture firm created by PayPal co-founder Peter Thiel and others, is bankrolling a tiny Seattle Internet startup called 1000 Markets that is trying to transform the way artisan goods are bought and sold online.

There's already some hefty competition in that arena, including Etsy and eBay. But 1000 Markets co-founder and CEO Matthew Trifiro believes there is room to operate against the bigger rivals by creating a more effective way for small merchants to sell jewelry, fabrics, soaps, specialty foods and other goods online.

1000 Markets quietly launched last month and now has about 75 specialized marketplaces where artisans are selling everything from steampunk jewelry to to handmade hats to crafts associated with The Day of The Dead."

Finish the article here:

2 comments:

  1. This is very interesting.
    We have folksy and dawanda and another I just heard of but can't remember the name.

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  2. Interesting. I've gotten an account on 1000 Markets, but haven't added anything to the shop. You've just reminded me that I need to! Thanks!

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