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President Joe Biden said the package “sends a message to the world about the power of American leadership” and that he would sign it into law on Wednesday.
US Senate passes $95 billion foreign aid package for Ukraine and Israel
⏲ 1:0 👁 1.2M
SBA Ray
Massive Changes to the SBA 7a loan program in 2023
⏲ 12 minutes 19 seconds 👁 4.7K
Skip
EIDL Temporary Relief Route
⏲ 5 minutes 58 seconds 👁 16.2K
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 👁 1.1M
Kizzy Parks
How To Register In Sam.Gov 2024 (Step-by-Step Guide)
⏲ 24 minutes 28 seconds 👁 9.9K
Tariq Johnson
How to Get an SBA Loan (Everything You Need to know) | Ep #10 ZTPF
⏲ 41 minutes 44 seconds 👁 52.7K
Gov. Kathy Hochul (D-NY) holds a press briefing to discuss steps to take on retail theft.<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/><br/>Stay Connected<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
New York Gov. Kathy Hochul Holds Press Briefing About Steps To Take On Retail Theft
⏲ 29:50 👁 16.5M
Kizzy Parks
Step By Step Guide To Register 100% Successfully ✅
⏲ 59 minutes 49 seconds 👁 17.2K
IBM Technology
What is Single Sign On (SSO)
⏲ 6 minutes 20 seconds 👁 18.8K
A German shipwreck that sank in the North Sea in 1942 is still polluting the seafloor around it, but there are signs of sea life adapting to the wreck.
German Shipwreck Is Leaking Chemicals Into The Sea
⏲ 2:25 👁 6.3M
Earn Your Leisure
How to Get Started in Government Contracting
⏲ 9 minutes 34 seconds 👁 22.6K
SBA Ray
The Pro’s and Con’s of the SBA 7a Loan
⏲ 7 minutes 13 seconds 👁 10.9K
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