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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 👁 1.2M
Rep. Elise Stefanik (R-NY) and Rep. Virginia Foxx (R-NC) led a press briefing on Wednesday with students from Columbia University on antisemitism. <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
BREAKING NEWS: Elise Stefanik Leads Press Briefing On Antisemitism With Columbia University Students
⏲ 18:59 👁 26.7M
When this elegant Roquebrune-Cap-Martin villa was built in the 1920s, the French Riviera was already a coveted destination for the world’s wealthy and artistic.<br/><br/>The Belle Epoque had fueled tastes for opulence and lavishness. Clear blue Mediterranean waters, hillside landscapes and the mild climate drew inspiration-seeking writers, artists and intellectuals. Roquebrune-Cap-Martin’s grand hotel was a summer holiday destination for the likes of Winston Churchill and Queen Victoria.<br/><br/>This villa along the French Riviera consists of the multistory main house and a quaint staff residence set on nearly an acre of landscaped and manicured grounds. Ornate detailed windows, a balcony-topped portico and decks give the private residence the aura of a sophisticated boutique hotel. With more than 6,100 square feet of living space, the property contains 12 bedrooms and 11 bathrooms.<br/><br/>Read the full story on Forbes:<br/>https://www.forbes.com/sites/forbes-global-properties/2023/09/13/belle-epoque-villa-along-the-french-riviera-revels-in-its-glamorous-past/<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.
This $10.2M Villa Along The French Riviera Revels In Its Glamorous Past | Real Estate | Forbes
⏲ 1:58 👁 4M
Sofia Pablo and Vince Maristela dance to “Iko Iko” for her 18th birthday party. #PEPNews #NewsPH #EntertainmentNewsPH #NewsPH #SofiasTropicalJourneyTo18 <br/><br/>Video: Lendl Fabella<br/>Edit: Khym Manalo<br/><br/>Subscribe to our YouTube channel! https://www.youtube.com/@pep_tv<br/><br/>Know the latest in showbiz at http://www.pep.ph<br/><br/>Follow us! <br/>Instagram: https://www.instagram.com/pepalerts/ <br/>Facebook: https://www.facebook.com/PEPalerts <br/>Twitter: https://twitter.com/pepalerts<br/><br/>Visit our DailyMotion channel! https://www.dailymotion.com/PEPalerts<br/><br/>Join us on Viber: https://bit.ly/PEPonViber<br/><br/>Watch us on Kumu: pep.ph
Sofia Pablo and Vince Maristela dancing to \
⏲ 0:35 👁 52.3M
Kim Seon Ho performing his new song \
Kim Seon Ho sings new song \
⏲ 0:31 👁 43.1M
Moira dela Torre performs \
So many feels with Moira dela Torre _ PEP Jams
⏲ 0:26 👁 29.2M
The Chicago City Council holds a hearing to discuss a possible $70 million increase in spending for migrants.<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
Chicago City Council Debates Proposal To Spend $70 Million More On Migrants
⏲ 3:51:31 👁 29.6M
Juan Karlos performs \
Juan Karlos performs \
⏲ 1:30 👁 4.4M
On Friday, Rep. Scott Perry (R-PA) delivered remarks on House GOP proposed border security bill during remarks on the house floor. <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
‘I Want Everyone To Know It’s A Sham’: GOP Lawmaker Warns Border Security Bill ‘Is An Abomination’
⏲ 1:14 👁 111M
As the man who made Jeffery Epstein professionally, the longtime head of Victoria’s Secret stepped down from his retail giant, seemingly finished. This is the inside story of how 86-year-old Les Wexner quietly engineered one of the biggest semiconductor projects in history.<br/><br/>Ohio’s richest resident, Wexner owns the New Albany Company, which is headquartered just a few miles away from Johnstown in the tiny suburb of New Albany, which Wexner started building in the 1980s. He still lives there today, and it was his development firm that secured the land for Intel to nab the mega-deal at the last minute.<br/><br/>When Wexner stepped down from L Brands and out of the spotlight in 2020 amid scrutiny over his relationship with sex offender Jeffrey Epstein, many may have thought the retail mogul, now 86, was retiring after nearly six decades to quietly enjoy his billions. But, it turns out, he was just getting started. As new reporting by Forbes reveals, when local leaders didn’t have a site that fit the ultra specific conditions needed for chip production, which include access to millions of gallons of water a day, they reached out to Wexner’s New Albany Company. Within three days, it had come up with a proposal for the plot in Johnstown. <br/><br/>0:00 Intro<br/>0:24 Who is Les Wexner<br/>1:21 Wexner and Epstein's relationship<br/>3:33 The New Albany Company’s deal with Intel<br/>7:17 Residents react to the Intel deal<br/>8:41 When and why did Wexner start the New Albany Company<br/>10:56 The New Albany Company thrives despite Epstein controversy<br/>13:41 Current state of the Intel construction site<br/>16:11 What will be the aftermath of the deal for surrounding communities<br/>18:50 Is this deal good for Ohio<br/>20:23 What do Ohio residents think of Wexner<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jemimamcevoy/2024/04/10/les-wexners-second-life-how-the-epstein-tarnished-billionaire-is-quietly-reshaping-ohio/?sh=94ef9b16a91d<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.
The Epstein-Tarnished Billionaire That Is Quietly Reshaping Ohio
⏲ 22:3 👁 38.1M
Welcome to our unique corner of YouTube where music takes on a visual dimension. Our channel specializes in creating captivating shorts featuring a variety of songs. Each video is a journey throughthe rhythm and melody, designed to enhance your listening experience. Whether you’re a music enthusiast or just looking for a quick musical escape, our channel has something for everyone. Subscribe and join us on this melodious adventure.”
Doctor Stranger episode 1 hindi dubbed
⏲ 59:29 👁 3.5M
On \
John Larson: Why There Has Been No Movement By Congress On Social Security In Over 50 Years
⏲ 28:21 👁 104.9M
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