Proof of stake is not just a consensus mechanism. It is a way of reducing the environmental cost of a blockchain to near zero.
The average car is parked 95% of the time. That's not a transportation system — that's a parking system. We want to change that.
The best phone for the planet is the one that already exists. We just need to stop throwing them away.
We're not competing with Apple. We're competing with the idea that new is always better. That's a much harder fight.
A refurbished iPhone costs 40% less, works the same, and doesn't require mining anything from the earth. The only reason people don't buy refurbished is stigma. We're killing the stigma.
Critics call us unsustainable. They're right that fast fashion has environmental costs. But 500 million people in emerging markets want affordable fashion. Telling them they can't have it isn't a solution either.
The future of fashion is circular. The linear model of make, wear, dispose is just not sustainable.
I started ThredUp because my closet was full of stuff I never wore. Turns out 73 billion garments end up in landfills every year. That felt like a problem worth solving.
I started Vinted because I was moving apartments and had a closet full of clothes I did not want to throw away. That is literally the entire origin story.
Sustainability is our marketing. Every item sold on Vinted is one fewer item manufactured. We do not need to greenwash — the math does it for us.
1 Hotels exists because I believe the next generation of luxury travelers want sustainability without giving up the thread count. They want to save the planet and sleep on great sheets. We built a brand for that.