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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.
How Lithuanian Startup Vinted Spun Secondhand Clothes Sales Into Gold | Forbes
⏲ 5:56 👁 1.5M
Thomas Rhett
Thomas Rhett - Get Me Some Of That
⏲ 3 minutes 13 seconds 👁 38.9M
Doug In Exile
DA Fani Willis CHICKENS OUT Of Debate 'BIden-Style' - She Is Hiding
⏲ 5 minutes 54 seconds 👁 14.7K
Get ready for a heartwarming overload in this incredible video! Witness the incredible bond between a dedicated father and son as they embark on a recycling adventure that's as cute as it is eco-friendly! Prepare to be charmed by this adorable little guy's enthusiasm and determination as he tackles the challenge, raising the bar for cuteness to unfathomable heights. <br/><br/>This must-see clip is a beautiful reminder that even the smallest acts can make a big difference, and that spending quality time with loved ones is priceless. Buckle up for adorable moments, heartwarming lessons, and a whole lot of laughter!<br/><br/>Video ID: WGA226666<br/><br/>All the content on Heartsome is managed by WooGlobe<br/><br/>For licensing and to use this video, please email licensing(at)Wooglobe(dot)com.<br/><br/>►SUBSCRIBE for more Heart touching Videos: <br/><br/>-----------------------<br/>Copyright - #wooglobe #heartsome <br/>#fatherandson #recyclingadventure #adorabletoddler #ecofriendlyfamily #preciousmoments #qualitytime #teachingkids #environmentalawareness #incredible #mustsee #heartwarming #cutenessoverload #meltyourheart #prouddad #futureecowarrior #makingadifference #greenliving #familygoals #laughoutloud #adorable #togetherwecan #earthdayeveryday<br/>
Tiny Hero, Big Heart | Father and Son Adorable Recycling Adventure
⏲ 0:53 👁 165K
MeidasTouch
Trump’s Inner Circle RIPPED TO SHREDS in INDICTMENT
⏲ 16 minutes 29 seconds 👁 45.1K
MSNBC
Trump and allies draw up plan to erode Fed’s independence, WSJ reports
⏲ 6 minutes 53 seconds 👁 6.8K
Fox Factory will produce 500 of these supercharged trucks with improved suspension, perfect for fighting the Raptor.<br/><br/>The folks at Fox Factory don't expect Chevrolet to produce a viable rival for the F-150 Raptor R or Ram TRX. The 2024 Chevrolet Silverado Fox Factory Edition has 700 horsepower and enough suspension travel to land safely on an aircraft carrier. Fox Factory will build 500 of these beefy Silverados, but there's a catch: They cost $209,999.<br/><br/>Fox Factory says that's an estimated starting MSRP, but it's still $100,000 more than an F-150 Raptor R. For that price, you get a supercharger bolted on top of the Silverado's 6.2-liter V-8, which increases output to the aforementioned 700 hp and 640 lbs. Borla exhaust adds to the noise, and it all goes through Chevy's 10-speed automatic transmission. But the resistance here is not the powertrain.<br/><br/>Fox is known for its off-road magic, and this upgraded Silverado ditches the rear leaf spring suspension for a long-travel multi-link setup. Fox 3.2 coilovers and aluminum trailing arms provide 15.5 inches of usable travel in the rear. Up front, there's 14.5 inches of travel with Fox 3.2 shocks on a long-travel A-arm setup. It's a semi-active, electronically controlled system that can be managed inside the truck, with Fox Factory emphasizing \
700HP , FOX Factory Super Truck ,New Chevrolet Silverado Fox Factory Edition 2024
⏲ 3:2 👁 165K
Thomas u0026 Friends
Thomas & Friends™🚂Henry's Magic Box | Season 14 Full Episodes! | Thomas the Train
⏲ 1 hour 36 minutes 39 seconds 👁 635K
The Four Boxes Diner
BREAKING: SUPREME COURT ASKS WILD HYPOTHETICALS DURING TRUMP ARGUMENT...
⏲ 22 minutes 52 seconds 👁 2.4K
With its campy humor and noir-ish tone, Zombie Detective just might be the most out-of-the-box drama that has premiered this year. It tells the story of a man turned zombie, and jumps from horror to slapstick to mystery to rom-com in the space of a single episode — and it all strangely works.<br/><br/><br/> <br/>EPISODES 1-2 WEECAP<br/><br/><br/><br/>It’s a great mystery of dramaland why some dramas just don’t work, even when they have everything (cast, writer, PD) stacked in their favor. But it might even be a bigger mystery when a drama that sounds like a walking disaster, turns out to be totally viable, fun, and entertaining — and that’s exactly what we have here with Zombie Detective.<br/><br/>When Zombie Detective opens, we’re introduced to two very different storylines. The first is this very dark, noir, and totally campy introduction to our zombie hero (Choi Jin-hyuk). He wakes up in the middle of a landfill and slowly starts to realize that he’s not human any more. All of the narration in this sequence is done in hilariously dramatic inner monologue — because he’s a zombie and he naturally can’t speak but in wheezy grunts. He wonders things like, “Is this the apocalypse or a zombie virus?” or, when he’s trying to walk, “I’m in a rush but why am I so slow?” LOL! Our zombie even lights a moody cigarette in a style that’s so exactly from a noir detective film, that it’s hard not to crack up. There’s something about this gloominess mixed with the comedy that is just spot-on.<br/><br/><br/><br/>Our second introduction is to our heroine, the feisty journalist GONG SUN-JI (Park Joo-hyun). Sun-ji’s scenes are the mother of all tonal shifts from the gloomy noir comedy of our zombie hero. She’s basically like a more ballsy Lois Lane. She’s on a mission to catch a wanted criminal known as Santa, or any other baddie she runs into in the process, and she’s not afraid to throw punches — or helmets — to take them down.<br/><br/>With a pretty solid introduction to our heroine and her pursuit of justice, the story’s attention then falls to our hero. How is he going to survive in a world of vicious humans who kill zombies at the first chance they get? The entire reversal of this hunter/hunted dynamic is great here — and our hero soon decides he has to pretend to be human in order to survive in this cruel, cruel world. Cue a year-long transformation montage that puts Choi Jin-hyuk’s previous crazy transformation scene in An Empress’s Dignity to shame.<br/><br/>
The Zombie DetectiveEpisode 1 Online With English sub _
⏲ 59:27 👁 55K
Fox News
Biden touts to Howard Stern he is ‘happy’ to debate Trump
⏲ 5 minutes 50 seconds 👁 2.4K
Jordan Matter
MY BEST FRIEND WALKS AGAIN
⏲ 25 minutes 15 seconds 👁 746.1K
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