Brendan Candon, co-founder and CEO of SidelineSwap, shares monthly transaction participant counts for the peer-to-peer sports gear platform.
0:00 / 0:08exact quote · 8.4s
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“The, I had probably, you know, 3000 buyers, about 1500 sellers, something in that range.”
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More from Brendan Candon
PredictionNot checkable as stated
Candon predicts sporting goods can support a billion-dollar standalone marketplace
“We truly believe that there will be a sporting goods marketplace that this category is plenty big enough to support one. Probably a billion dollar marketplace.”
Brendan CandonAug 23, 2017▶ 13:38760: This Site Has Sold $3m Worth of Athletes Old Gear
Insight
Social media growth tricks only work for the first couple thousand followers
“I think you have to get a base, and like, however you get your first couple thousand, there's a lot of tricks for that. But once you do it shifts into this quality game of, you can only do tricks for so long, and then you have to build, like, a really solid co…”
Brendan CandonJul 18, 2016▶ 11:19EP 359: Hit $2m Revenue Buy/Sell Other Athelets Gear On Cheap with Brendan Candon of SidelineSwap.com
Opinion
The sports equipment industry is a $60B market waiting for a marketplace
“No one's done it in sports, and that's our goal, is to be the marketplace for athletes. I think it's a sixty billion dollar industry”
Brendan CandonJul 18, 2016▶ 12:32EP 359: Hit $2m Revenue Buy/Sell Other Athelets Gear On Cheap with Brendan Candon of SidelineSwap.com
PredictionNot publicly verifiable
Candon: SidelineSwap will reach $5M to $6M in 2017 sales
“We are looking to do about five to six million in top line sales this year.”
Brendan CandonAug 23, 2017▶ 2:30760: This Site Has Sold $3m Worth of Athletes Old Gear
Disclosure
Candon: SidelineSwap takes a 12% cut of GMV as net revenue
“We take a 12% cut. So when our top KPI is gross merchandise volume so we look at how many sales are we driving through the platform. We take a 12% cut of that. That would be our net revenue.”
Brendan CandonAug 23, 2017▶ 3:44760: This Site Has Sold $3m Worth of Athletes Old Gear
AssertionNot checkable as stated
Candon: SidelineSwap has 15k sellers and 24k buyers
“For sellers, we're around 15,000 sellers, and about 23, 24,000 buyers.”
Brendan CandonAug 23, 2017▶ 4:51760: This Site Has Sold $3m Worth of Athletes Old Gear
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