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Thomas Plantenga bet the future of Vinted on a television advertisement. The secondhand clothing resale app was burning $1 million per month and had less than a year of cash left when Plantenga made an $800,000 gamble on French television. It was May 2016, and Plantenga had recently been hired to save the eight-year-old Lithuanian startup. After its founding at a college party in 2008, Vinted had grown rapidly as people from 10 countries used its platform to buy and sell secondhand clothes. <br/><br/>But it was free for users, barely covering its server costs with advertising, and an attempt in 2014 to bolt on a Poshmark-style 20% sales commission resulted in a user revolt. Traffic almost halved overnight. The Netherlands-born Plantenga, who had never been to Lithuania, signed up for a five-week gig as a consultant in May 2016. He ended up becoming Vinted’s CEO 18 months later.<br/><br/>Seven years later, Vinted is one of Europe’s largest consumer marketplaces, with over $600 million of revenue in 2023. It now counts 100 million users glo­bally. Last year, it posted its first annual profit—at least $20 million—distinguishing it from its loss-making American cousins including The Real­Real (valued at $360 million), ThredUp ($200 million) and Poshmark (sold for $1.2 billion). Vinted became the Baltic nation’s first unicorn in 2019 when it raised $140 million at a $1.1 billion valuation, and sales have since grown sixfold. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/iainmartin/2024/04/15/how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold/?sh=5a47e3eaa3f0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 5:56 👁 1.5M
Epic Marketing Solutions
⏲ 2 minutes 51 seconds 👁 120
Unbox Management
⏲ 1 minute 41 seconds 👁 9.6K
Nothing stands still for long in the highly competitive crossover segment that Nissan pioneered with the original Qashqai. And to maintain its place as the reference in its segment, it has received a comprehensive aesthetic refresh, as well as significant technology updates.<br/><br/>From the bold changes to the exterior styling, to the comprehensive updates to the infotainment and connected services on-board, the philosophy behind the changes to Qashqai is to keep the essence of what consumers love about the car, enhance its strengths and to add even more intuitive and convenient technology.<br/><br/>The new Qashqai exudes a sharp and modern dynamism thanks to its refreshed design.<br/><br/>The front grille of the Qashqai has been comprehensively updated to create a more striking first impression. Inspired by the patterns of ancient Japanese armour scales, it now consists of dozens of high gloss, three dimensional comma-shaped elements painted in high gloss black paint which appear to float in the space between the lip of the bonnet and the numberplate holder. To the sides of the central portion, the \
⏲ 2:54 👁 40K
Start u0026 Grow Your Business
⏲ 7 minutes 29 seconds 👁 11.2K
Appy Pie
⏲ 6 minutes 39 seconds 👁 14
What was the closing price of Bitcoin (BTC) last week? What was your Market Cap and Volume?<br/>Where can I find a monthly Bitcoin (BTC) report?<br/><br/>*Join BINANCE and get 20% OFF (EXCLUSIVE!) on trading fees forever! Sign up here: <br/>https://accounts.binance.com/register?ref=EV0UQQ7Z (or use the code EV0UQQ7Z)<br/><br/>Week #16 - 04.14 to 04.21 BITCOIN (BTC) Weekly Report<br/>A weekly report on Bitcoin (BTC), with market closing price, market capitalization, volume and dominance.<br/>#cryptocurrency #bitcoin #btc #btcreport #report #summary #marketupdate #financialeducation #educational #cryptocommunity <br/><br/>*For the best experience, make sure you are watching in High Definition (HD) quality.<br/><br/>Asset(s): BTC<br/>Interval: 1-Day (closed price)<br/>Currency: USD<br/><br/>Soundtrack by Jay Sanon - Come My Way (Instrumental Version)<br/><br/> JOIN our groups to receive daily crypto market updates for FREE! Check out our links in the \
⏲ 0:51 👁 35K
Aleck - Marketing
⏲ 53 seconds 👁 180
The Economic Times
⏲ 2 minutes 21 seconds 👁 37.5K
When Emma Chamberlain started her YouTube channel in 2017, she had no intention of becoming an internet phenomenon—let alone the multi-hyphenate multimedia mogul she is today. But through hundreds of videos, the 22-year-old creator has shape­shifted before viewers’ eyes—going from a teen “Pulling an All-Nighter” and explaining why “We All Owe the Dollar Store an Apology” to a more sophisticated travel and fashion documentarian. <br/><br/>Now, the YouTube sensation earned an estimated $20 million last year while building her eponymous coffee brand, Chamberlain Coffee.<br/><br/>Vlogging these past seven years has made Chamberlain one of the most influential creators of her generation, with more than 12 million subscribers on YouTube and 15 million followers on Instagram. And her fame has led to opportunities outside social media. She has been the face of Louis Vuitton, Lancôme and Cartier, among other luxury brands that have been drawn to the Emma-verse.<br/><br/>Despite living in a rarefied world of late, Chamberlain has, somehow, maintained her girl-next-door persona. Even if most of her followers will never attend fashion shows in Milan and Paris or chronicle their preparation before the famed Met Gala in New York, her authenticity is just what Gen Z craves.<br/><br/>These days, she’s using that relatability—along with her massive following—to scale her startup, Chamberlain Coffee. Meet the creator who’s full of beans.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/alexyork/<br/><br/>0:00 Introduction<br/>0:36 Emma Chamberlain’s Non-Traditional Career Path<br/>2:06 Emma’s YouTube Evolution<br/>4:45 The Different Eras of Emma Chamberlain<br/>6:40 Emma’s Return to YouTube<br/>8:54 The Business of Emma Chamberlain<br/>10:45 Behind the Brand Partnerships<br/>12:51 The Genesis of Chamberlain Coffee<br/>14:33 Building the Chamberlain Coffee Team<br/>17:14 Chamberlain Coffee’s Retail Future<br/>19:31 What’s Ahead for Chamberlain Coffee<br/>21:35 Emma’s Advice to Her Younger Self<br/>23:49 What Most People Don’t Know About Emma Chamberlain <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 25:57 👁 2.2M
Office Desk
⏲ 12 minutes 52 seconds 👁 195.5K
The Business Professor
⏲ 1 minute 25 seconds 👁 2.6K
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