Redbubble was heavily sold after reports that Google
Algorithms had been altered and affected its organic growth of online sales. This is however one
channel for growth separate from its expansion into different geographies, paid partnerships, network effects and new product lines, that would support its future growth. Fundamentals still support this growth and we would expect that growth this year may be sluggish as the google
algorithms are adjusted from Redbubbles end.
-Competition from Amazon Merch should it direct its efforts in niche experiences (however not anytime soon).
-Etsy and other platforms (makers platform, marketplace)
-Further disruption to google
-Copyright of products on its website (see preso for more info)
appear to support that price could be still appreciating between support line prices. Will need to monitor for breakout.