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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
Staсy
⏲ 1 minute 49 seconds 👁 9.3K
Pearl
⏲ 50 minutes 26 seconds 👁 7.4K
PNM Tobago Council Political Leader Ancil Dennis is challenging the media in Tobago to be transparent and unbiased in their reporting. This, in response to a statement by a Tobago media house that the necessary approvals for the ANR Robinson International Airport expansion project were not obtained by Central Government.<br/><br/>Mr. Dennis, armed with his documents, accused the media house of not doing its homework. Elizabeth Williams has more on this story.
⏲ 2:29 👁 1.1M
Wonderhubzz
⏲ 1 minute 11 seconds 👁 95.4K
Combat Veteran Reacts
⏲ 13 minutes 30 seconds 👁 38.9K
The LG Signature OLED T, aka LG's transparent OLED TV, just made its surprise debut at CES 2024 in Las Vegas. The see-through screen is a total show-stopper, switching between a normal-looking OLED TV to a transparent display with a separated contrast layer that rolls away with the press of a button. Is the best TV at CES 2024? We'll have to see, but it's certainly made a strong first impression at our hands-on demonstration at the show.
⏲ 2:49 👁 950K
4 Green Resolutions<br/>to Begin on Earth Day.<br/>This April 22, celebrate Earth Day by taking<br/>steps towards living a more eco-friendly lifestyle.<br/>Here are four easy resolutions<br/>to adopt that will help create<br/>a cleaner, safer world.<br/>Use Less Water, Only 3% of the water on Earth is freshwater, meaning conservation of this limited resource is key.<br/>Cut down on usage by taking shorter showers, turning off your tap water when it’s not in use and only running the dishwasher once it’s full.<br/>Take Up Thrifting, Most clothing takes up to 200 years to decompose in landfills.<br/>Rather than playing into the damaging cycle, donate your used clothing and buy from secondhand shops.<br/>Keep Your<br/>Neighborhood Clean, Debris and trash can build up and have a deadly effect on the environment.<br/>Instead of being a passerby, take<br/>the time to pick up the trash you<br/>spot and dispose of it in a proper way.<br/>Choose Reusable<br/>Over Disposable, At the world’s current rate of waste, about 12,000 metric tons of plastic waste will be produced by 2050.<br/>Use reusable water bottles and canvas bags<br/>when shopping in order to cut down on<br/>your contribution to the growing issue
⏲ 1:15 👁 190K
The UN Human Rights calls for an independent and transparent investigation into the mass graves found in and around hospitals in Gaza, including the Nasser Hospital.
⏲ 2:6 👁 20K
Step into the world of timeless style with our latest TikTok video showcasing a week's worth of beige minimalist fashion outfits. From effortlessly chic ensembles to versatile wardrobe staples, this compilation offers endless inspiration for those who appreciate the simplicity and elegance of minimalist fashion.<br/>Join us as we curate a collection of clothing combinations that epitomize the essence of understated sophistication. Whether you're seeking everyday looks or elevated attire for special occasions, our video has you covered with practical yet stylish outfit ideas.<br/>Explore the art of pairing neutral tones and clean lines to create outfits that exude confidence and refinement. With a focus on quality over quantity, our minimalist fashion guide encourages mindful consumption and celebrates the beauty of simplicity.<br/>Don't miss out on this opportunity to elevate your wardrobe with timeless beige fashion essentials. Watch our TikTok video now and embark on a journey towards a more minimalist and sustainable approach to dressing.<br/><br/>#MinimalistFashion #BeigeOutfits #FashionInspiration #TikTokFashion<br/><br/>https://youtube.com/shorts/y0y-Fpu2Wh0?feature=share
⏲ 0:16 👁 15K
Welcome to our channel focusing on everything regarding beauty and fashion! <br/><br/>Discover the latest trends and must-have workwear essentials! From chic office attire to stylish professional looks, find out everything you need to know about dressing for success in the workplace. <br/><br/>Explore tips, outfit ideas, and expert advice on creating a polished and professional wardrobe that makes a statement. <br/><br/>Whether you're navigating the corporate world or pursuing your career goals, elevate your style game with our comprehensive guide to workwear essentials. <br/><br/>Watch now for fashion inspiration and practical insights!<br/><br/><br/>The Scarlet Shirt: https://me.lilysilk.com/3KylbXc<br/><br/>Wool Trousers: https://me.lilysilk.com/3KyL8FT<br/><br/>Silk Blouse with Puff Sleeves: https://me.lilysilk.com/3OLEcYq<br/><br/>Evelyn Silk Blouse with Semi-Sheer Sleeves: https://me.lilysilk.com/45mfzY3<br/><br/>Cashmere Polo Shirt: https://me.lilysilk.com/3Ky0BWV<br/><br/>Gemini Mock Neck Cashmere Shirt: https://me.lilysilk.com/3qo9Ods<br/><br/>Cable-Knit Wool-Cashmere Blend Sweater: https://me.lilysilk.com/3KxtIK1<br/><br/>Wide leg silk-lined Wool Trousers: https://me.lilysilk.com/45e5aNQ<br/><br/>The Cape Sweater: https://me.lilysilk.com/3qo9VFU<br/><br/>High-Waisted Wide Leg Dense Silk Pants: https://me.lilysilk.com/3qmE9sR<br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/><br/>Adhering to the principles of Creative Commons and honoring the work of original creators, providing appropriate credit is essential for the video content featured here. The video footage has been obtained from multiple creators operating under Creative Commons licenses. Their names and channels are acknowledged in the video description and visibly presented on-screen. We extend our gratitude to all contributors, including CocoBeautea: youtube.com/@cocobeautea.<br/><br/><br/>Fashion, Style, Trends, Clothing, Apparel, Accessories, Runway, Designer, Couture, Luxury, Streetwear, Vintage, Chic, Glamour, Elegant, Sophisticated, Casual, Edgy, Avant-garde, Bohemian, Minimalist, Classic, Retro, Modern, Timeless, Statement, Bold, Colorful, Monochrome, Tailored, Bespoke, Sustainable, Ethical, Eco-friendly, Fashionista, Trendsetter, Influencer, Model, Photographer, Stylist, Fashion Week, Red Carpet, Fashion Show, Fashion Industry, Fashion Blog, Fashion Magazine, Fashion Editor, Fashion Designer, Fashion Brand, Fashion Retailer, Fashion Icon, Fashionista Community, Fashion Enthusiast, Fashion Forward, Fashion Consultant, Fashion Business, Fashion Marketing, Fashion Communication, Fashion Education, Fashion Career, Fashion Event, Fashion Collaboration, Fashion Collaboration, Fashion Collaboration, Fashion Collaboration, Fashion Collaboration.
⏲ 4:51 👁 15K
Dive into the world of beach fashion with our comprehensive guide to men's summer clothing. From lightweight fabrics to statement swimwear and functional accessories, discover how to make a stylish splash on the sand while staying cool and comfortable under the sun. If you want to buy beach clothes, just get in touch with IBIUBU. You can get all types of dresses and accessories.
⏲ 0:48 👁 15K
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