Where startup founders raise millions and listeners can invest. Host Josh Muccio takes listeners behind closed-doors and into the room where deals are made. Part of the Vox Media Podcast Network.
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Content provided by Sifted. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sifted or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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Vinted CEO Thomas Plantenga: ‘Vinted is not a company that’s going to exit’
Manage episode 489695032 series 2999568
Content provided by Sifted. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sifted or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Secondhand marketplace Vinted needs little introduction, with tens of millions registered users around the world who use its app to sell everything from clothes to furniture to even lava lamps.
But the (profitable) company is swiftly becoming far more than a marketplace: it also has its own shipping infrastructure, a payments business and — as of recently — a venture arm.
Despite that, CEO Thomas Plantenga is far from complacent: “If we really want to make secondhand first choice, then everything that we have needs to be a lot better.”
“The only thing that protects you is if you consistently improve what you have, because if you don’t, somebody’s going to see an opportunity to do things better than you do. And if somebody else is delivering more value to users than you, then you don’t deserve the position you’re in.”
In this week’s episode of the Sifted podcast, host Amy asks Thomas what’s next for Vinted, how does it plan to stay three steps ahead of the pack and what are its exit plans.
Key moments:
2:53 - Vinted's key businesses
4.00 - Vinted's userbase
7.30 - Secondhand market globally
9.00 - How can Vinted improve?
13.00 - About the logistics business
18.14 - About the payments business
25.06 - Thomas' stance on competition
27.30 - About Vinted Ventures
31.03 - M&A strategy
33.26 - What does Vinted Ventures wants to invest in?
35.24 - What could go wrong at Vinted?
38.18 - Advice for CEOs
41.09 - Vinted's exit
120 episodes
Share
Manage episode 489695032 series 2999568
Content provided by Sifted. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sifted or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Secondhand marketplace Vinted needs little introduction, with tens of millions registered users around the world who use its app to sell everything from clothes to furniture to even lava lamps.
But the (profitable) company is swiftly becoming far more than a marketplace: it also has its own shipping infrastructure, a payments business and — as of recently — a venture arm.
Despite that, CEO Thomas Plantenga is far from complacent: “If we really want to make secondhand first choice, then everything that we have needs to be a lot better.”
“The only thing that protects you is if you consistently improve what you have, because if you don’t, somebody’s going to see an opportunity to do things better than you do. And if somebody else is delivering more value to users than you, then you don’t deserve the position you’re in.”
In this week’s episode of the Sifted podcast, host Amy asks Thomas what’s next for Vinted, how does it plan to stay three steps ahead of the pack and what are its exit plans.
Key moments:
2:53 - Vinted's key businesses
4.00 - Vinted's userbase
7.30 - Secondhand market globally
9.00 - How can Vinted improve?
13.00 - About the logistics business
18.14 - About the payments business
25.06 - Thomas' stance on competition
27.30 - About Vinted Ventures
31.03 - M&A strategy
33.26 - What does Vinted Ventures wants to invest in?
35.24 - What could go wrong at Vinted?
38.18 - Advice for CEOs
41.09 - Vinted's exit
120 episodes
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Similar to Startup Europe — The Sifted Podcast
Where startup founders raise millions and listeners can invest. Host Josh Muccio takes listeners behind closed-doors and into the room where deals are made. Part of the Vox Media Podcast Network.
…
continue reading
Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
…
continue reading
Business tips for startups by proven entrepreneurs
…
continue reading
It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
…
continue reading
Timeless wisdom in an accelerating world. Hosted by Shane Parrish. “The highest density of wisdom per episode of any podcast.” Weekly Newsletter: fs.blog/newsletter Books: fs.blog/books X: x.com/ShaneAParrish IG: www.instagram.com/farnamstreet LI: www.linkedin.com/in/shane-parrish-050a2183
…
continue reading
Welcome to the What’s Next! Podcast. I’ve met so many brilliant people as I traveled the globe and have had some fascinating conversations that I’ve wished had been recorded so I could share them with you - this podcast was a way for me to recreate those moments and let you in on some fantastic insights. My current conversations center around one objective: what's next for companies and individuals as they look to innovate and grow. I hope these conversations inspire you as much as they have ...
…
continue reading
Kara Goldin, Founder of Hint and Author of the WSJ Best Seller Undaunted, brings listeners real, unfiltered conversations with today’s boldest entrepreneurs, leaders, disruptors, and change-makers on The Kara Goldin Show. From overcoming setbacks to building iconic brands, Kara dives deep into the stories of those who dared to do things differently. Guests like Tony Robbins (entrepreneur, author), Chip Wilson (Lululemon), Guy Kawasaki (Apple, Canva), Mindy Grossman (WW), and Amy Errett (Madi ...
…
continue reading
Alessandro Bogliari, CEO and Co-Founder of The Influencer Marketing Factory, a global influencer marketing agency, talks with great guests about influencer marketing, social media, the creator economy, social commerce and much more.
…
continue reading
The Greatness Machine is on a Quest to Maximize the Human Experience! Join Award Winning CEO and Author, Darius Mirshahzadeh (pron. Mer-shaw-za-day), as he interviews some of the greatest minds in the world―turning their wisdom and experience into learnings and advice you can use in your life so that you can level up and create greatness. Join Darius as he goes deep with guests like: Moby, Seth Godin, Gabby Reece, Amanda Knox, UFC Ring Announcer Bruce Buffer, Former FBI Negotiator Chris Voss ...
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continue reading
A daily show for everyone who works a regular job and wants to start an income-earning project on the side. In each episode, listeners will hear a different story of someone who's started a side hustle—along with what went well, how that person overcame challenges, and what happened as a result. The show is written and hosted by Chris Guillebeau, the New York Times bestselling author of The $100 Startup, The Happiness of Pursuit, and other books. Sales and Distribution by Lemonada Media http ...
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continue reading
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