Connect with us

Bloomberg Technology

Younger People Are Shifting to Secondhand Clothes: thredUP CEO

Jul.23 — thredUP Co-founder and CEO James Reinhart discusses what is behind the boom in secondhand clothing sales. He speaks with Emily Chang on “Bloomberg Technology.”

Published

on

Jul.23 — thredUP Co-founder and CEO James Reinhart discusses what is behind the boom in secondhand clothing sales. He speaks with Emily Chang on “Bloomberg Technology.”

Continue Reading
Advertisement
12 Comments

12 Comments

  1. Kitamirike Peter

    July 23, 2021 at 10:46 pm

    Poverty is what is really driving the trend

  2. mrPmj00

    July 23, 2021 at 10:52 pm

    =I bought FAANG stocks (Facebook, Apple, Amazon, Microsoft) Netflix, and Intel, Zoom, …
    ___Disney, Wells Fargo, Boeing, Walgreens, IBM, Chevron, DOW, SIEGY, AT&T for the recovery.
    Warren buffet quotes: It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

    • mrPmj00

      July 24, 2021 at 12:00 am

      @john w Wells Fargo donated ALL the processing fees ($400 million) for distributing the government checks during Covid19, whereas other banks kept

      it as profit.

      %E2%80%9CBy%20donating%20approximately%20%24400%20million,African%20American%20entrepreneurs%20and%20other

    • mrPmj00

      July 24, 2021 at 12:00 am

      @john w I’m a regular working Joe who also invests.
      Well, the returns could be higher but I like to sleep at night
      Overall, I’m up +50% over 1 year since July 2020 so I’m happy.

  3. Enrico Zangari

    July 23, 2021 at 11:04 pm

    Younger people all over the world get paid less. Mini-Jobs and working unpaid overtime is becomming the norm. So poverty is really the driving force behind Second hand.

    • Garrison R

      July 24, 2021 at 6:52 am

      Stop working at mcdonalds maybe.

    • Salentino

      July 24, 2021 at 11:12 am

      @Garrison R even if someone is working at McDonald’s that person should be able to live of the salary they get.

    • Garrison R

      July 24, 2021 at 12:50 pm

      @Salentino Why? Why make someone with no skill comfortable? If they want to live a comfortable live, they should get more skills. When robots take over chains like Mcdonalds, they’ll have no leverage at all because they had no skill.

  4. RJ Santos

    July 23, 2021 at 11:43 pm

    Lol. Happened in the 70’s. It’s called being dirt poor as you try to not wear the same outfit every day. Let’s make being poor sound trendy and new. Assholes

  5. ALBERT

    July 24, 2021 at 12:00 am

    Increase in second hand is an huge hygiene problem in covid era.

  6. hangender

    July 24, 2021 at 1:21 am

    Been shopping at Ross for less all my life. Welcome to the club.

  7. Austin W

    July 24, 2021 at 3:18 am

    TJMaxx and Ross has always been where it’s at

Leave a Reply

Your email address will not be published. Required fields are marked *

Bloomberg Technology

Bain Capital Ventures Bets $1.6 Billion on AI’s Next Act

Bain Capital Ventures has raised a $1.6 billion fund to back early-stage companies built for what it calls “life after AGI.” Partner Slater Stich discusses where the firm sees opportunities across AI infrastructure, software, robotics and science, why knowledge work could be transformed first, and how BCV identifies founders capable of building the next generation…

Published

on

Bain Capital Ventures has raised a $1.6 billion fund to back early-stage companies built for what it calls “life after AGI.” Partner Slater Stich discusses where the firm sees opportunities across AI infrastructure, software, robotics and science, why knowledge work could be transformed first, and how BCV identifies founders capable of building the next generation of category-defining AI companies. He joins Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

OpenAI, Anthropic Safety Talks Stir Startup Concerns

AI startups are growing concerned that calls from Anthropic and OpenAI to “pace” frontier development could lead to a new regulatory framework shaped by the industry’s biggest players. Bloomberg’s Natasha Mascarenhas and Maggie Eastland discuss the reaction from founders and investors and early talks among OpenAI, Anthropic and Google DeepMind on common safety standards. Also…

Published

on

AI startups are growing concerned that calls from Anthropic and OpenAI to “pace” frontier development could lead to a new regulatory framework shaped by the industry’s biggest players. Bloomberg’s Natasha Mascarenhas and Maggie Eastland discuss the reaction from founders and investors and early talks among OpenAI, Anthropic and Google DeepMind on common safety standards. Also being debated in Washington is if those efforts require government involvement or changes to antitrust rules. They join Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

Meta CEO Weighs In on AI Safety Debate

Bloomberg’s Ed Ludlow breaks down Mark Zuckerberg’s call for AI labs to rely on independent evaluators and advisers to ensure models are safe. Plus, OpenAI is said to be in early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion, and Impulse Space CEO Tom…

Published

on

Bloomberg’s Ed Ludlow breaks down Mark Zuckerberg’s call for AI labs to rely on independent evaluators and advisers to ensure models are safe. Plus, OpenAI is said to be in early talks with investors about a new funding round that could value the ChatGPT maker at more than $1.2 trillion, and Impulse Space CEO Tom Mueller discusses the company’s $308 million Series D extension and the future of the space mobility economy.

00:00:00 – Bloomberg Tech Begins
00:01:07 – Riley Griffin, Bloomberg News
00:04:55 – Shirin Ghaffary, Bloomberg News
00:09:22 – Summer Mersinger, Blockchain Association
00:15:41 – Tom Mueller, Impulse Space CEO
00:23:11 – Natasha Mascarenhas & Maggie Eastland, Bloomberg News
00:29:31 – Peggy Johnson, Agility Robotic CEO
00:33:29 – Slater Stich, Bain Capital Ventures
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading

Trending