Co-Founder & CEO of Teleport. Writer of Goodwill Hunting, a newsletter hunting the best pre-loved fashion finds, insights, and jobs. 11+ years of buying no new clothes.
“Nouveau riche” industrialists began to buy their way into high society, and existing aristocratic elites, battling economic upheaval, were unable to guard against this pecuniary emulation.
7 out of a16z ’s latest Marketplace 100 are resale marketplaces. 2 of these 7 are in the top 10 (GOAT, StockX). Since last year, 3 resale marketplaces “graduated” via IPO or acquisition (Depop, 1stDibs, Tradesy).
Online resale is growing 4X faster than offline. ~$37 B (50% of total)—estimated share of online sales of secondhand fashion by 2024. ~$28 B (43%)—offline thrift & donation (Goodwill, Salvation Army, etc.).
Curation as a Service saves you time, money and energy. Community-curation platforms will help crowdsource research. Curated commerce will help brands stand out in commoditized markets. Indie Hackers will increasingly launch curated digital products. By definition, curation is biased. Beware of blindspots. Reference multiple curators if you rely on... See more
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· in what ways am I lying to myself?
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