Wow, $1B goodwill impairment sounds absurd (for a company of Etsy's size). Had to look this up.

https://www.fool.com/investing/2023/02/02/etsys-1b-problem-t...

> In this case, Etsy believes that it overpaid by $1 billion for Depop and Elo7. A company normally takes write-downs like this when the results of an acquired business don't live up to the expectations at the time of the acquisition. That's not so good, noting that these two businesses are expected to be long-term growth drivers for the company.