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Video is great. App/service looks solid. But marketplaces are so tough that I feel you almost HAVE TO START IN A NICHE and take the bowling pin strategy [1]. L
by callmeed 13y ago
Video is great. App/service looks solid. But marketplaces are so tough that I feel you almost HAVE TO START IN A NICHE and take the bowling pin strategy [1].
Look at Yardsale–they're a YC company and doing essentiall the same as Sold. I haven't seen much press about growth or follow-on funding.
Poshmark, on the other hand, is niche-focused (women's fashion) and seems to be growing well. Raised $15.5M. [2]
[1] http://cdixon.org/2010/08/21/the-bowling-pin-strategy/ http://cdixon.org/2010/08/21/the-bowling-pin-strategy/
[2] http://techcrunch.com/2012/12/04/poshmark-nabs-12m-series-b-led-by-menlo-ventures-to-expand-its-mobile-fashion-marketplace-beyond-ios/ http://techcrunch.com/2012/12/04/poshmark-nabs-12m-series-b-...