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Post by Toni on May 19, 2015 19:17:32 GMT
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eliste
Craft Hacker Members
Posts: 254 
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Post by eliste on May 19, 2015 21:20:34 GMT
I think the investors will have a hard time proving that they didn't know about the current state of this before buying unless there are specific false statements that got made. The issues with copyright & trademarks on Etsy has been well publicized in the press long before they went public.
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Post by Lexxi on May 20, 2015 2:27:40 GMT
I've been reading the articles... not sure how I feel either way. This whole IPO has been fascinating to watch
[Edit to add the opinion I just stated that I didn't have] I feel like the investors are responsible for doing their background research. And I think it's a stock lost value -> find someone to blame! situation. Like eliste said, it's not a shocking thing or something that etsy (appeared to) deliberately hide.
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Post by Toni on May 20, 2015 13:49:35 GMT
How do you think this will affect people that sell on Etsy though? You think they will have a huge cease and desist ban that goes out?
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Post by Lexxi on May 20, 2015 17:46:40 GMT
I imagine at first it will be very reactive and they'll ban everything that possible violates it. Back in the day when I sold on eBay, if someone reported your listing for copyright violation, they'd take it down immediately and ask questions later. (And it might still be that way, idk). So I imagine etsy will start with an approach like that while they figure out how to properly manage it. I think the deeper issue goes into the "if it's art, is it copyright infringement" question that we've (mostly y'all) have discussed on a different post here. I imagine etsy was aware of the issue but rather than having to sort through all of the potential violators and figure out what truly is a violation and what is fair use, they ignored it. And now they're going to need to address it.
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eliste
Craft Hacker Members
Posts: 254
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Post by eliste on May 20, 2015 22:49:35 GMT
There already is a legal way to manage it. It's called the DMCA. It's not foolproof, but Etsy has already been dealing with these for years and will continue to do so.
Etsy isn't liable to troll through their own posts. They only have liability if they are told about it. So most sites adopt a "deal with it if it's reported" and that's what Etsy does already. They might get more strict in the wake of this, but they don't have a reason to start curating their own stuff. The onus is on the copyright holders to Report in.
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