Reverb news for all you MI peeps

[blakejcan]

https://reverb.com/news/reverb-servco-creator-partners

Reverb just got pulled out from under Etsy. That's pretty interesting as I am hopeful that it would mean they get back to serving their core audience of buyers/sellers instead of continuing to jack up fees.

 

[Seashore]

Here's me, not even knowing they were owned by Etsy.

 

[blakejcan]

haha yea. I think the evolution of the company was that it all started w/ Chicago Music Exchange......then got so big that Reverb became it's own thing......then was sold off to Etsy.....and now back to being private again.

 

[ICTGoober]

Hell, I thought they bought Etsy - not the other way around.

 

[Chistopher]

What's Michigan got to do with this?

 

[Masta' C]

Servco basically owns Fender now (majority stakeholder). Now they'll own Reverb.

I thought this was interesting from the article:

"We’re getting ready to pilot a new option for selling that allows you to get paid faster and drop off your gear locally, without needing to create a listing or ship."

 

[Mincer]

Here's me, not even knowing they were owned by Etsy.

Actually, I never thought about who owns them. I just figure prices never go down, they might just not go up as much as quickly.