Etsy’s Pulling The Plug On Grand St. At The Finish Of This Month

When Etsy purchased Grand St. final April, the plan was to let Grand St. proceed to function its maker market for tech . However that’s about to vary. On the finish of this month, Grand St. will cease processing orders and on October 1, listings on the location will grow to be inactive. At that time, Grand St.’s web site will simply be a gallery of content material and photographs.

That’s as a result of the Grand St. group has taken on much more tasks at Etsy, so from a person expertise and upkeep perspective, it made sense to maneuver Grand St. away from commerce, Etsy Senior PR Supervisor Nicole Summer season instructed TechCrunch.

“We at Etsy and Grand St. have truly appreciated all the hard work from Grand St. makers, and we welcome them to learn more about joining the Etsy community,” Summer season stated. “The Grand St. team has become an integral part of the Etsy organization, working on innovative projects to help our sellers scale. We’re grateful to have them on board and excited to continue the work we’re doing to empower our sellers to achieve their creative business goals on their own terms.”

For background, Grand St. sells issues like photo voltaic chargers, a wise gentle for nighttime bike rides and The Money Cannon for making it rain. Earlier than the acquisition, Grand St. had raised $1.three million in seed funding from First Spherical Capital, David Tisch, Gary Vaynerchuk, betaworks, Collaborative Fund, MESA+, Quotidian Ventures, and Undercurrent.

Aline Niyonkuru

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