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Letgo
Letgo (stylized letgo) is a company that provides 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 i ...
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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 ...
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Alec Oxenford
Alejandro Carlos "Alec" Oxenford is an Argentine entrepreneur and diplomat. He co-founded OLX, and co-founded letgo, a mobile classified ad app in the United States, and is the Ambassador of Argentina to 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 Argentine 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'' ...
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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 Letgo (stylized letgo) is a company that provides 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 ap ... but continues to trade under the Wallapop brand. Large venture capital investors include Mangrove Capital, Northzone, and Eight Roads Ventures. References External links * {{Spain-company-stub Companies based in Barcelona Atresmedia Spanish companies established in 2014 Retail companies established in 2014 ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, 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 general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Prosus
Prosus N.V. is a global investment group that invests and operates 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, financial technology, educational technology, food delivery, real estate listings, 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 mass media company 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 became 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 T ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, 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. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. 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 Capital stock, 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 t ...
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Naspers
Naspers Limited (until 1998 Die Nasionale Pers) is a South African multinational internet, technology and multimedia holding company headquartered in Cape Town. The company has interests in online retail, publishing, real estate, 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 , Die Nasionale Pers 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 un ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of the Kingdom of Norway. Bouvet Island, located in the Subantarctic, is a Dependencies of Norway, dependency, and not a part of the Kingdom; Norway also Territorial claims in Antarctica, claims the Antarctic territories of Peter I Island and Queen Maud Land. Norway has a population of 5.6 million. Its capital and largest city is Oslo. The country has a total area of . The country shares a long eastern border with Sweden, and is bordered by Finland and Russia to the northeast. Norway has an extensive coastline facing the Skagerrak strait, the North Atlantic Ocean, and the Barents Sea. The unified kingdom of Norway was established in 872 as a merger of Petty kingdoms of Norway, petty kingdoms and has existed continuously for years. From 1537 to 1814, Norway ...
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Canada
Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of countries and dependencies by area, second-largest country by total area, with the List of countries by length of coastline, world's longest coastline. Its Canada–United States border, border with the United States is the world's longest international land border. The country is characterized by a wide range of both Temperature in Canada, meteorologic and Geography of Canada, geological regions. With Population of Canada, a population of over 41million people, it has widely varying population densities, with the majority residing in List of the largest population centres in Canada, urban areas and large areas of the country being sparsely populated. Canada's capital is Ottawa and List of census metropolitan areas and agglomerations in Canada, ...
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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 from 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 a ...
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Dolph Lundgren
Hans "Dolph" Lundgren (, ; born 3 November 1957) is a Swedish actor, filmmaker, and martial artist. Lundgren made his acting debut in 1985 with a cameo in the List of James Bond films, James Bond film ''A View to a Kill''. Also that year, he had his breakthrough in Sylvester Stallone's ''Rocky IV'', in which he played the lead villain as the imposing Soviet Union, Soviet boxer Ivan Drago. Lundgren went on to play lead roles in over 80 action-oriented films including ''Masters of the Universe (1987 film), Masters of the Universe'' (1987), ''Red Scorpion'' (1988), ''The Punisher (1989 film), The Punisher'' (1989), ''I Come in Peace'' (1990), ''Showdown in Little Tokyo'' (1991), ''Joshua Tree (1993 film), Joshua Tree'' (1993), ''Men of War (film), Men of War'' (1994), ''Silent Trigger'' (1996), and ''Blackjack (1998 film), Blackjack'' (1998). He continued playing villainous roles, most notably as Sergeant Andrew Scott in three ''Universal Soldier (film series), Universal Soldier'' ...
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Craig Gillespie
Craig Gillespie (born 1 September 1967) is an Australian-American film director, film, television director, television, music video director, music video, and commercial director. He is best known for directing the films ''Lars and the Real Girl'' (2007), ''Fright Night (2011 film), Fright Night'' (2011), ''I, Tonya'' (2017), and ''Cruella (film), 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. 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 Inc., 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 showreel, reel and agency experience, he gained representation by production compan ...
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