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How Lithuanian Startup Vinted Spun Secondhand Clothes Sales Into Gold | Forbes
⏲ 5:56 👁 1.4M
INVISIBLE SOLDIERS, AMAZING ISRAELI CAMOUFLAGE TECH || 2022
⏲ 4 minutes 30 seconds 👁 30.5K
Michio Kaku Breaks in Tears \"Quantum Computer Just Shut Down After It Revealed This\"
⏲ 23 minutes 39 seconds 👁 802.3K
Tot has adorable argument with Alexa after it can't make out what she says
⏲ 1:14 👁 1.9M
First Chinese Military Invisibility Suit SHOCKED The US
⏲ 8 minutes 24 seconds 👁 23.5K
10 Amazing Invisibility Technologies
⏲ 11 minutes 41 seconds 👁 1.7K
Kurulus Osman Season 05 Episode 143 - Urdu Dubbed
⏲ 20:6 👁 1.2M
China Creates Real Life Harry Potter Cloak!
⏲ 10 minutes 50 seconds 👁 3.8K
Meet The New AI Robot Billionaire
⏲ 8:35 👁 1.1M
Kurulus Osman Season 05 Episode 140 - Urdu Dubbed
⏲ 20:37 👁 13.2M
What Is ChatGPT And How To Use It
⏲ 1:30 👁 2M
How AI can be used to treat dyslexia
⏲ 2:51 👁 1.7M
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_how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold-124-forbes.webp "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.")
_invisible-soldiers-amazing-israeli-camouflage-tech-124124-2022.webp "Warthog Defense")
_michio-kaku-breaks-in-tears-9234quantum-computer-just-shut-down-after-it-revealed-this9234.webp "Beyond Discovery")
_tot-has-adorable-argument-with-alexa-after-it-can39t-make-out-what-she-says.webp "This is the funny moment a toddler got into an argument with Amazon Alexa after the virtual assistant struggled to understand her.<br/><br/>Video shows Aria Coleman, three, frustratedly pleading the gadget to play the popular children's song \")
_first-chinese-military-invisibility-suit-shocked-the-us.webp "Carros Show")
_10-amazing-invisibility-technologies.webp "50M Videos")
_kurulus-osman-season-05-episode-143-urdu-dubbed.webp "Support me <br/>Subscribe & Like my Channel for more beautiful Videos<br/>Thank You<br/><br/>")
_china-creates-real-life-harry-potter-cloak.webp "Infinite Intelligence")
_meet-the-new-ai-robot-billionaire.webp "Armed with more than $750 million in funding, Brett Adcock vows that Figure will become one of the most important businesses in the world. First, there is a lot of work to do. Adcock, the 38-year-old founder and CEO of robot maker Figure, is riding high. In January, the company announced a collaboration with BMW, with the goal of putting Figure’s robots to work at the German automaker’s Spartanburg, South Carolina manufacturing plant. Six weeks later, Figure raised $675 million at a $2.6 billion valuation from the likes of Microsoft, Nvidia, OpenAI Startup Fund and Jeff Bezos. At the same time, Figure signed a collaboration agreement with OpenAI to develop next generation AI models for humanoid robots. <br/><br/>The valuation makes Adcock, who owns about 50% of the Sunnyvale, California company, a new billionaire. With his Figure stake and shares from a previous startup, he’s worth an estimated $1.4 billion. <br/>Even with all the money in the world, success is not assured.<br/><br/>0:00 Intro<br/>0:35 Who is Brett Adcock?<br/>1:45 Building the Figure Team <br/>2:18 What Makes Figure Different?<br/>3:16 Figure 01 Demonstration<br/>4:44 Training Humanoids<br/>6:47 The Future of Robots <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kerryadolan/2024/04/15/meet-the-new-ai-robot-billionaire/?sh=4eef9f7f7c32<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.")
_kurulus-osman-season-05-episode-140-urdu-dubbed.webp "Support me <br/>Subscribe & Like my Channel for more beautiful Videos<br/>Thank You<br/><br/>")
_what-is-chatgpt-and-how-to-use-it.webp "What Is ChatGPT and why is it important? <br/>Your most frequently asked questions about ChatGPT, answered.")
_how-ai-can-be-used-to-treat-dyslexia.webp "Dr. Coral Hoh, CEO and founder of Dysolve, explains how AI can be used to treat dyslexia.")
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