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OldHand2018

My wife sells stuff on ThredUp from time to time. As far as ease of use goes, it's the best of them.

However, the turnaround time has gone to hell. You can ship them a box of clothes and they won't open it for 6 months. An ever-increasing net loss and they can't keep up? Not a good thing. They better figure this out.

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Reminds me of the old pets.com business model where the business lost more money as it scaled because at a fundamental level, the business was more costly to operate at higher scale.

But then many years later Chewy came along and proved Pets.com was simply an idea ahead of its time: https://www.chewy.com/

The hedge fund guys just went down to the basement to look for a box.

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