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Letgo
Letgo (stylized letgo) was a company that provided a website and app that allows users to buy from, sell to and chat with others locally. The products launched in 2015. History Launched in January 2015 by Alec Oxenford, former CEO of OLX, the app initially targeted the U.S. market, competing against eBay and Craigslist, the online marketplace leaders since the 1990s. In May 2016, the company merged with Wallapop, another mobile classifieds startup. Letgo remained the majority owner of the company and the brand remained Letgo. At the time, there were about 10 million monthly active users between the two apps, according to SurveyMonkey data published by TechCrunch. From its launch, the company did not charge for its services, earning no revenue, as part of its strategy to grow quickly. As of June 2018, the listing service remained free, but the app added a paid beta feature allowing users to place their sales item above organic search results. Three quarters of the first round inv ...
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OfferUp
OfferUp is an online mobile-first C2C marketplace with an emphasis on in-person transactions. It was founded as a competitor to Craigslist, differentiating itself with mobile-friendly apps and user profiles with ratings. History OfferUp was created in 2011 by Nick Huzar, former co-founder and CTO of Konnects, Inc., and Arean van Veelen. OfferUp is a mobile-driven local marketplace that competes with companies such as eBay, Craigslist, and Facebook Marketplace. In 2015, OfferUp was named one of the Hottest Startups by Forbes, citing the company's explosive growth between funding rounds throughout the year, and was speculated to take over Craigslist's share of the C2C marketplace. Since then, the company has become a large marketplace for buyers and sellers and was named one of "The 7 Most Innovative Startups in Seattle" by Inc. OfferUp was in the Top 50 most downloaded free apps on Apple Appstore and Google Play and has been praised for being more user-friendly to list products o ...
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Alec Oxenford
Alejandro Carlos "Alec" Oxenford is an Argentine entrepreneur. He co-founded OLX, and co-founded letgo, a mobile classified ad app in the United States. Personal life Raised in Argentina, Oxenford received a BA in Business Administration from the Pontifical Catholic University of Argentina and an MBA from Harvard University. Oxenford is an art collector, focusing on Argentinian artists, such as Liliana Porter, Eduardo Navarro, Carlos Huffmann and Martin Legon. His collection includes about 280 pieces. In 2013, he became the president of the arteBA Foundation, the nonprofit that organizes the arteBA art fair, a Latin American event. Career He previously worked for the Boston Consulting Group, and was the CEO of DeRemate.com, an online trading platform in Latin America, which sold to eBay. The story of the company is included in the book ''Six Billion Shoppers: The Companies Winning the E-Commerce Boom'' by Peter Erisman. He also co-founded DineroMail.com. A 2014 article ...
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Wallapop
Wallapop is a Spanish company founded in 2014 used to exchange used goods, similar to Craigslist as a classified listings website. The marketplace primarily is accessed via mobile app. In 2014 it signed a commercial agreement with Atresmedia. In 2015 it was cited as the startup company with the highest revenues in Spain with $1b of transactions completed using the app. In May 2016, the company was merged with Letgo but continues to trade under the Wallapop brand. Large venture capital investors include Mangrove Capital, Northzone, and Eight Roads Ventures 8 is a number, numeral, and glyph. 8 or eight may also refer to: Years * AD 8, the eighth year of the AD era * 8 BC, the eighth year before the AD era Art *The Eight (Ashcan School), a group of twentieth century painters associated with the As .... References External links * {{Spain-company-stub Companies based in Barcelona Atresmedia Spanish companies established in 2014 Retail companies established in 2014 I ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Prosus
Prosus N.V., or Prosus, is a global investment group that is investing and operating across sectors and markets with long-term growth potential. It is among the largest technology investors in the world. Prosus has invested across multiple verticals, including social / gaming, classifieds, payments and fintech, edtech, food delivery and ecommerce. Products and services of its businesses and investments are used by more than 1.5 billion people in 89 markets. Prosus is majority-owned by South African multinational Naspers. In September 2019, Prosus's ordinary shares were listed on Euronext Amsterdam and, as a secondary inward-listing, on the Johannesburg Stock Exchange. Subsequent to its , Prosus is the largest consumer Internet company in Europe by asset value. Shares in the company were reported to have "soared on debut," although the company was trading at a significant discount to the value of its portfolio. Business The group's expansion into Internet platforms began in t ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather ...
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Naspers
Naspers Limited is a South African multinational internet, technology and multimedia holding company headquartered in Cape Town, with interests in online retail, publishing and venture capital investment. Naspers' principal shareholder is its Dutch listed investment subsidiary Prosus, which owns approximately 49% of its parent as part of a cross ownership structure. Founded in 1915 by attorney W. A. Hofmeyr, Naspers was the largest publishing company in South Africa throughout the 20th century with interests across newspapers, magazines and books. In the 1980s the company began to diversify, launching a subscription television service and investing in markets outside of South Africa for the first time. In 2001, Naspers made an early investment in Chinese technology firm Tencent and became increasingly focused on the global consumer internet sector. In 2019, Naspers listed its global internet investment business unit Prosus (including a 31% stake in Tencent) on Euronext Ams ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the sea co ...
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Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by total area. Its southern and western border with the United States, stretching , is the world's longest binational land border. Canada's capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. Indigenous peoples have continuously inhabited what is now Canada for thousands of years. Beginning in the 16th century, British and French expeditions explored and later settled along the Atlantic coast. As a consequence of various armed conflicts, France ceded nearly all of its colonies in North America in 1763. In 1867, with the union of three British North American colonies through Confederation, Canada was formed as a federal dominion of four provinces. This began an accretion of provinces an ...
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Digiday
''Digiday'' is an online trade magazine for online media founded in 2008 by Nick Friese. It is headquartered in New York City, with offices in London and Tokyo. Description ''Digiday'' provides daily online news about advertising, publishing, and media, and also produces events such as industry summits and awards galas.Kelli S. Burns, ''Social Media: A Reference Handbook'' (2017), p. 344.Kristy Sammis, Cat Lincoln, Stefania Pomponi, ''Influencer Marketing For Dummies'' (2015), p. 238. Founder Nick Friese created the publication in April 2008. With support Doug Carlson, managing director of Zinio, Friese put together a Digital Publishing and Advertising Conference in a New York City hotel. Originally called DM2 Events (an abbreviation of Digital Media and Marketing Events), a colleague came up with "Digiday" as a shorter version of Friese's proposed "Digital-Day". The company depends on a variety of offerings to generate revenue, claiming that half of its revenue comes from advert ...
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Dolph Lundgren
Hans Lundgren (, ; born 3 November 1957), better known as Dolph Lundgren, is a Swedish actor, filmmaker and martial artist. His breakthrough came in 1985, when he starred in '' Rocky IV'' as the imposing Soviet boxer Ivan Drago. Since then, Lundgren has starred in more than 80 films,all of them in the action genre. Lundgren received a degree in chemical engineering from the KTH Royal Institute of Technology in the early 1980s and a master's degree in chemical engineering from the University of Sydney in 1982. He holds the rank of 4th ''dan'' black belt in Kyokushin karate and was European champion in 1980–81. While in Sydney, he became a bodyguard for Jamaican singer Grace Jones and began a relationship with her. He received a Fulbright scholarship to MIT and moved to Boston. Jones convinced him to leave the university and move to New York City to be with her and begin acting, where, after a short stint as a model and bouncer at the Manhattan nightclub The Limelight, Lundg ...
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Craig Gillespie
Craig Gillespie (born 1 September 1967) is an Australian-American film, television, music video, and commercial director. He is best known for directing the films ''Lars and the Real Girl'' (2007), ''Fright Night'' (2011), ''I, Tonya'' (2017), and '' Cruella'' (2021). Early life Born and raised in Sydney, Gillespie moved to New York City at the age of nineteen to study illustration, graphic design and advertising at Manhattan's School of Visual Arts. Gillespie stated he had grown up as an atheist. Career Gillespie started out as an intern at ad agency J. Walter Thompson, New York. He then moved on to D'Arcy Masius Benton & Bowles, BBDO, Deutsch, and Ammirati & Puris, first as an art director, later as a creative director. After eight years working on the agency side he moved into directing in 1995. Based on the strength of his spec reel and agency experience, he gained representation by production company Fahrenheit Films in late 1995. One year later, he signed with Coppo ...
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