The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 6 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Taussig: High-margin eBay is losing market share yearly to Vinted
“Usually the highest EBITDA margin businesses have the lowest growth, right? And so it's this kind of funny thing where You know, the business like eBay has a great EBITDA margin. It hasn't really, it's not really growing and it's kind of losing market share ev…”
Plantenga: Vinted's 5% plus 70 cents fee drives 85% of revenue
“We make it five percent plus 70 cents. And it was a bit of like a, well, let's just do it a bit higher and a bit higher now. Now it's 85% of our revenue and practically all the gross margin.”
Taussig: Vinted was already profitable in France during 2018 fundraising
“Because it was very clear they had won France at that point in time. And it was, and France was like, it was a profitable region, right?”
Plantenga: Vinted's business collapsed after adopting Poshmark's monetization model
“They changed the business model into what was, let's say, what the business model that Poshmark is using as we speak. And then the business started to collapse.”