John McDonald Joins Poshmark
Former eBay and Ning/Glam Media executive John McDonald has joined Poshmark as vice president of marketplace operations where he will work on scaling the user experience of both buyer and seller.
Former eBay and Ning/Glam Media executive John McDonald has joined Poshmark as vice president of marketplace operations where he will work on scaling the user experience of both buyer and seller.
How will you ever pay for all those gifts? If you have a closetful of unworn or unwanted women’s clothes, for example, go to Poshmark. It takes just a minute to snap a photo of an item you wish to sell or swap, write a description, set a price, and post it in a “closet” on the online marketplace.
Poshmark, the mobile marketplace that lets women swap and sell items out of their own closets, is launching on Android today. Poshmark, which offers iOS and web apps, launched nearly two years ago and just crossed 1 million items sold this year alone.
The community-driven shopping app that allows users to sell their on-trend goods, welcomes two star (and we mean star) investors to its Menlo Park-based start-up. Get this — the names on hand include style-guru-slash-designer Rachel Zoe, along with heartthrob-turned-businessman Ashton Kutcher.
More than 1 million items have been sold on Poshmark since January 1st of this year, Chandra says. That puts Poshmark as a company on track to see 10X revenue growth year-over-year in 2013.