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Brendan Candon

๐Ÿ‘ค Speaker
252 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

You want to help people save money.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

So by focusing on certain categories, we can control that a little bit more.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

But we pay attention to it.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

We're less focused on driving it up in the short term.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

I had probably 3,000 buyers, about 1,500 sellers, something in that range.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Right.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Yeah.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

So where are you at today?

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

We raised $1.8 million last summer and raised a little bit more money this spring.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

It looks like we'll...

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

In total, it's going to end up being around $3 million today.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Well, I mean, I think most questions are fair.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

You need to be able to defend your business.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

The most challenging ones for us that we have to focus on are just really the market size and how big will this actually get.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

We're creating almost a new, I mean, no one's doing this, right?

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

Like there's some brick and mortar models that have been pretty large.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

eBay has this large sporting goods category, but a standalone sporting goods marketplace is really what we have to convince people that we truly believe that

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

there will be a sporting goods marketplace that this category is plenty big enough to support one, probably a billion dollar marketplace.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

And we look at things like Poshmark in women's fashion or Reverb marketplace for music equipment, which are super fast growing marketplaces in their categories that are peer to peer and have a lot of similarities to what we're doing.

SaaS Interviews with CEOs, Startups, Founders
760: This Site Has Sold $3m Worth of Athletes Old Gear

And so we look up to them, but also think, so that's the big sale of what we have to get people to believe with us.