I’ve been looking for clues as to whether or not that’s the case, and one thing that jumps out to me as a trend with some staying power is the increase in buyers and sellers on the site.
Bear, I’m not sure I understand your train of thought here. The sudden increase in buyers certainly explains the revenue spike. And yes, if there are more buyers, network effect would result in more sellers. But how does it explain staying power? Couldn’t the sudden ramp up in buyers in Q2 be followed by an equally sudden decline at some point in the near future?