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_how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold-124-forbes.jpg "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 👁 1.4M
_clean-up-begins-in-hualien-after-quakes-jolt-taiwan.jpg "Clean up efforts began following a series of quakes that rattled Taiwan's Hualien in the wee hours of Tuesday (April 23). The Central Weather Administration said a spate of more than 200 earthquakes starting on April 22 afternoon were aftershocks from the large 7.2 magnitude quake on April 3 that killed at least 17 people.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
⏲ 2:10 👁 9.5M
_celtics-heat-game-1-reaction-124-big-3-nba-podcast.jpg "A. Sherrod Blakely and Gary Washburn take a closer look at Game 1 between the Celtics and Heat, Caleb Martin's hard foul on Jayson Tatum, the bad blood in this series, Tyler Herro's struggles, and what to expect moving forward. That, and much more!<br/><br/><br/><br/><br/><br/>The Big 3 NBA Podcast with Gary, Sherrod & Kwani is available on Apple Podcasts, Spotify, YouTube as well as all of your go to podcasting apps. Subscribe, and give us the gift that never gets old or moldy- a 5-Star review - before you leave!<br/><br/><br/><br/>This episode of the Big 3 NBA Podcast is brought to you by:<br/><br/><br/><br/>PrizePicks! Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy! Go to https://PrizePicks.com/CLNS")
⏲ 36:25 👁 1.2M
_10-incredible-action-scenes-in-terrible-movies.jpg "When great action happens to bad movies.")
⏲ 11:54 👁 5.5M
_j-p-92.jpg "J.P. stopped by Genius office to dissect his hit “Bad Bitty.” This infectious track has been causing a stir online, earning nods from heavyweights like Kai Cenat, Chris Brown, and Wiz Khalifa. In today’s episode of Verified, the Music Performance major dives deep into why his music defies genre boundaries, emphasizing its universal appeal.")
⏲ 5:6 👁 1.1M
_92.jpg "A homeless woman says living in a bus shelter with her boyfriend and mum is safer than being put in temporary housing with drug addicts.<br/><br/>Destiny Mitchell moved into the 3m (9.8ft) by 1m (3.2ft) glass and metal shelter in Selly Oak, Birmingham, seven months ago.<br/><br/>The 26-year-old, who has autism, lives in the disused bus stop on Bristol Road with boyfriend Ryan, 31, and her 44-year-old mum.<br/><br/>Destiny says the council offered them temporary accommodation but she does not want to be separated from her mum who also has autism.<br/><br/>The trio have tried to give the graffiti-covered shelter home comforts with a carpet, drawers and even an old pair of Super Mario curtains where the timetables were once displayed.<br/><br/>They have also been given garden chairs, a bin and sleeping bags from wellwishers.<br/><br/>She says the three of them use sellotape and cardboard given to them by students to patch up leaks in the roof and walls of their shelter.<br/><br/>Destiny says they slept in a doorway of a Greggs but moved into the bus stop after being moved on by the police. <br/><br/>Speaking today, she said: “When we found this place it was my idea to create this living space. <br/><br/>“Before I lived in a bus stop, I was sleeping in a blanket on the floor, but I didn't feel safe. <br/><br/>“I’ve been living here for seven months. Before that we lived near Greggs before the police moved us on. <br/><br/>“Because we’re not students they don't have housing for us. <br/><br/>“There’s three of us in here, me, my partner and my mum. This is all new to me, I used to live in a tent. <br/><br/>“I’ve been homeless for two years off and on. At one point our tent got burnt down.<br/><br/>“I’m from Wolverhampton and I had a flat but bad things happened and I had to leave it and was made homeless. That’s when we came to Selly Oak. <br/><br/>“I saw this bus stop out of use. It was cold and starting to rain. We’ve had to sellotape the roof to stop the rain getting in. <br/><br/>“The students help me sellotape the windows, I’ve got a chest of drawers, a carpet.”<br/><br/>The family will now have to move out after Transport for West Midlands (TfWM) announced it was demolishing the bus shelter within weeks.<br/><br/>Destiny added: “They’ve said we’ve got a month left and they’re going to destroy it. <br/><br/>“I’ve been in here a long time, I don’t want them to destroy my home, we haven't got anywhere else to live. <br/><br/>“If the council doesn’t help us we’re going to try and move into another bus stop. <br/><br/>“We wanted to get a caravan. We don’t want to go into a shared house because of drug users. We don’t want that, we don't use drugs. It's not safe for us.<br/><br/>“They are saying they won’t house my mum and us together. My mum’s disabled.<br/><br/>“I want them to house us before they take the bus shelter down.<br/> <br/>“I just want to make sure we all stay together as a family, that’s all I want.<br/><br/>“Nobody gives me any money. I haven’t got any clothes, I haven't got a bra on. <br/><br/>“No one gives me any money to buy what I need. They give me food but I need clothes too.")
⏲ 0:46 👁 29.2M
_10-very-bad-wwe-ideas-that-lasted-for-years.jpg "Survivor Series is something the fans have to go through, not the wrestlers...")
⏲ 9:20 👁 27M
_fighting-flares-at-myanmar-thai-border.jpg "Fighting raged at Myanmar's eastern frontier with Thailand on Saturday, witnesses, media and Thailand's government said, forcing about 200 civilians to flee as rebels pressed to flush out junta troops holed up for days at a bridge border crossing. - REUTERS")
⏲ 1:58 👁 58.7M
_top-10-tv-finales-that-explained-everything.jpg "The wait is long for some of these! For this list, we’ll be looking at the live action television episodes that gave audiences answers to the majority of questions they were waiting for all series long. Major spoiler alerts are in store as we explore how each series ends.")
⏲ 13:18 👁 10M
_top-10-most-overlooked-villains-of-the-century-so-far.jpg "Bad guys have feelings too! Welcome to WatchMojo, and today we’re counting down our picks for the most intimidating yet overlooked antagonists of the 21st century. Some spoilers will be mentioned, so this is your official warning!")
⏲ 12:29 👁 13.6M
_terrell-owens39-beef-with-steve-mariucci-set-the-tone-for-t-o-39s-entire-career.jpg "Forget everything you know about Terrell Owens - his on-field absurdity, his off-field… well, absurdity fits there too. But forget all that. This is an origin story, an account of how Owens became the T.O. we remember today. <br/><br/>And it’s basically thanks to beef. This is the story of Terrell Owens and Steve Mariucci failing to get along in a way that helped nobody but T.O.<br/><br/>Couple little errors: at 1:53 I said Jeff Garcia a 28-year-old rookie, he was in fact 29! And then at 10:39 that was actually their second game since being together in SF. That's my bad. Taking my flogging in private.")
⏲ 12:51 👁 6.7M
_mom39s-bad-word-bathroom-challenge-unleashes-son39s-creative-curse-word-serenade.jpg "One day, this mischievous little boy found himself in a daring situation when his mom playfully challenged him with the 'bad word bathroom challenge.'<br/><br/>With a twinkle in her eye, she told her son he could say any bad word he wanted while she stepped away, shutting the door behind her.<br/><br/>As the camera rolled, his innocent yet mischievous performance unfolded.<br/><br/>Instead of opting for traditional profanity, the clever young boy seized the opportunity to sing a medley of absurd and inventive curse words.<br/>Location: Miami, United States<br/>WooGlobe Ref : WGA413588<br/>For licensing and to use this video, please email licensing@wooglobe.com")
⏲ 0:34 👁 3.7M
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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.")
_clean-up-begins-in-hualien-after-quakes-jolt-taiwan.webp "Clean up efforts began following a series of quakes that rattled Taiwan's Hualien in the wee hours of Tuesday (April 23). The Central Weather Administration said a spate of more than 200 earthquakes starting on April 22 afternoon were aftershocks from the large 7.2 magnitude quake on April 3 that killed at least 17 people.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_celtics-heat-game-1-reaction-124-big-3-nba-podcast.webp "A. Sherrod Blakely and Gary Washburn take a closer look at Game 1 between the Celtics and Heat, Caleb Martin's hard foul on Jayson Tatum, the bad blood in this series, Tyler Herro's struggles, and what to expect moving forward. That, and much more!<br/><br/><br/><br/><br/><br/>The Big 3 NBA Podcast with Gary, Sherrod & Kwani is available on Apple Podcasts, Spotify, YouTube as well as all of your go to podcasting apps. Subscribe, and give us the gift that never gets old or moldy- a 5-Star review - before you leave!<br/><br/><br/><br/>This episode of the Big 3 NBA Podcast is brought to you by:<br/><br/><br/><br/>PrizePicks! Get in on the excitement with PrizePicks, America’s No. 1 Fantasy Sports App, where you can turn your hoops knowledge into serious cash. Download the app today and use code CLNS for a first deposit match up to $100! Pick more. Pick less. It’s that Easy! Go to https://PrizePicks.com/CLNS")
_10-incredible-action-scenes-in-terrible-movies.webp "When great action happens to bad movies.")
_j-p-92.webp "J.P. stopped by Genius office to dissect his hit “Bad Bitty.” This infectious track has been causing a stir online, earning nods from heavyweights like Kai Cenat, Chris Brown, and Wiz Khalifa. In today’s episode of Verified, the Music Performance major dives deep into why his music defies genre boundaries, emphasizing its universal appeal.")
_92.webp "A homeless woman says living in a bus shelter with her boyfriend and mum is safer than being put in temporary housing with drug addicts.<br/><br/>Destiny Mitchell moved into the 3m (9.8ft) by 1m (3.2ft) glass and metal shelter in Selly Oak, Birmingham, seven months ago.<br/><br/>The 26-year-old, who has autism, lives in the disused bus stop on Bristol Road with boyfriend Ryan, 31, and her 44-year-old mum.<br/><br/>Destiny says the council offered them temporary accommodation but she does not want to be separated from her mum who also has autism.<br/><br/>The trio have tried to give the graffiti-covered shelter home comforts with a carpet, drawers and even an old pair of Super Mario curtains where the timetables were once displayed.<br/><br/>They have also been given garden chairs, a bin and sleeping bags from wellwishers.<br/><br/>She says the three of them use sellotape and cardboard given to them by students to patch up leaks in the roof and walls of their shelter.<br/><br/>Destiny says they slept in a doorway of a Greggs but moved into the bus stop after being moved on by the police. <br/><br/>Speaking today, she said: “When we found this place it was my idea to create this living space. <br/><br/>“Before I lived in a bus stop, I was sleeping in a blanket on the floor, but I didn't feel safe. <br/><br/>“I’ve been living here for seven months. Before that we lived near Greggs before the police moved us on. <br/><br/>“Because we’re not students they don't have housing for us. <br/><br/>“There’s three of us in here, me, my partner and my mum. This is all new to me, I used to live in a tent. <br/><br/>“I’ve been homeless for two years off and on. At one point our tent got burnt down.<br/><br/>“I’m from Wolverhampton and I had a flat but bad things happened and I had to leave it and was made homeless. That’s when we came to Selly Oak. <br/><br/>“I saw this bus stop out of use. It was cold and starting to rain. We’ve had to sellotape the roof to stop the rain getting in. <br/><br/>“The students help me sellotape the windows, I’ve got a chest of drawers, a carpet.”<br/><br/>The family will now have to move out after Transport for West Midlands (TfWM) announced it was demolishing the bus shelter within weeks.<br/><br/>Destiny added: “They’ve said we’ve got a month left and they’re going to destroy it. <br/><br/>“I’ve been in here a long time, I don’t want them to destroy my home, we haven't got anywhere else to live. <br/><br/>“If the council doesn’t help us we’re going to try and move into another bus stop. <br/><br/>“We wanted to get a caravan. We don’t want to go into a shared house because of drug users. We don’t want that, we don't use drugs. It's not safe for us.<br/><br/>“They are saying they won’t house my mum and us together. My mum’s disabled.<br/><br/>“I want them to house us before they take the bus shelter down.<br/> <br/>“I just want to make sure we all stay together as a family, that’s all I want.<br/><br/>“Nobody gives me any money. I haven’t got any clothes, I haven't got a bra on. <br/><br/>“No one gives me any money to buy what I need. They give me food but I need clothes too.")
_10-very-bad-wwe-ideas-that-lasted-for-years.webp "Survivor Series is something the fans have to go through, not the wrestlers...")
_fighting-flares-at-myanmar-thai-border.webp "Fighting raged at Myanmar's eastern frontier with Thailand on Saturday, witnesses, media and Thailand's government said, forcing about 200 civilians to flee as rebels pressed to flush out junta troops holed up for days at a bridge border crossing. - REUTERS")
_top-10-tv-finales-that-explained-everything.webp "The wait is long for some of these! For this list, we’ll be looking at the live action television episodes that gave audiences answers to the majority of questions they were waiting for all series long. Major spoiler alerts are in store as we explore how each series ends.")
_top-10-most-overlooked-villains-of-the-century-so-far.webp "Bad guys have feelings too! Welcome to WatchMojo, and today we’re counting down our picks for the most intimidating yet overlooked antagonists of the 21st century. Some spoilers will be mentioned, so this is your official warning!")
_terrell-owens39-beef-with-steve-mariucci-set-the-tone-for-t-o-39s-entire-career.webp "Forget everything you know about Terrell Owens - his on-field absurdity, his off-field… well, absurdity fits there too. But forget all that. This is an origin story, an account of how Owens became the T.O. we remember today. <br/><br/>And it’s basically thanks to beef. This is the story of Terrell Owens and Steve Mariucci failing to get along in a way that helped nobody but T.O.<br/><br/>Couple little errors: at 1:53 I said Jeff Garcia a 28-year-old rookie, he was in fact 29! And then at 10:39 that was actually their second game since being together in SF. That's my bad. Taking my flogging in private.")
_mom39s-bad-word-bathroom-challenge-unleashes-son39s-creative-curse-word-serenade.webp "One day, this mischievous little boy found himself in a daring situation when his mom playfully challenged him with the 'bad word bathroom challenge.'<br/><br/>With a twinkle in her eye, she told her son he could say any bad word he wanted while she stepped away, shutting the door behind her.<br/><br/>As the camera rolled, his innocent yet mischievous performance unfolded.<br/><br/>Instead of opting for traditional profanity, the clever young boy seized the opportunity to sing a medley of absurd and inventive curse words.<br/>Location: Miami, United States<br/>WooGlobe Ref : WGA413588<br/>For licensing and to use this video, please email licensing@wooglobe.com")
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