This Week in Startups

Building for the circular economy and the future of shopping with Poshmark’s Manish Chandra | E1805

Sep 9, 2023

45:23

Snipd AI

Poshmark's founder and CEO, Manish Chandra, discusses the expansion of the Circular Economy and consumer-to-consumer shopping. He also talks about building a community on Poshmark, the impact of fast fashion, global shipping optimization, and the introduction of live shows on the platform.

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Podcast summary created with Snipd AI

Quick takeaways

Building a community starts with simplicity and authenticity, focusing on providing key features and fostering transparent discussions.

Poshmark embodies the circular economy by enabling users to buy and sell secondhand items, reducing waste and promoting sustainable and conscious shopping.

Deep dives

Building a Community with Simplicity and Authenticity

Building a community starts with simplicity and authenticity. It is important to provide a few key features that users love and to foster transparent and open discussions within the community. Monetization should follow engagement, and over-monetization can be detrimental to the community. Poshmark focuses on leading with love and allowing money to naturally flow through the platform.

Introduction

3min

The Circular Economy and the Fashion Industry

9min

Importance of Insurance for Startups and the Trend of Fast Fashion

5min

Resale Market and the Circular Economy

9min

Collaborative Selling, Dot Tech Domains, and Lessons from the Social Shopping Space

3min

The Circular Economy and the Future of Shopping

8min

Treating the body right and lessons for entrepreneurial success

6min

Embracing Diversity and Unique Experiences in the Workplace

2min

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Today’s show:

Poshmark CEO Manish Chandra joins Jason to discuss the expansion of the “Circular Economy” (2:47), consumer-to-consumer shopping (18:30), building a community with Poshmark (32:59), and much more!

Time stamps:

(0:00) Poshmark CEO Manish Chandra joins Jason

(2:47) The expansion of the "Circular Economy" and what drives consumers towards Poshmark

(6:31) The most popular shopping categories and Poshmark’s day one vision

(11:51) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist

(13:20) Impact of the fast fashion movement

(20:56) Global shipping and areas for optimization

(24:38) Poshmark introducing live shows

(27:04) .Tech Domains - Apply to get your startup featured on This Week in Startups at https://startups.tech/jason

(28:12) The social shopping space

(32:59) Important factors in building a community

(37:52) Plunge - Go to https://plunge.com and use code twist150 for $150 off