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Industry Focus

CG: ThreadUP and the Business of Digital Resale

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 23 March 2021

⏱️ 48 minutes

🧾️ Download transcript

Summary

ThreadUP is headed to public markets, looking to help investors capitalize on the multibillion-dollar a year opportunity in digital resale and thrift. But is ThreadUP the next Real Real… or the next Poshmark? Join Analysts Emily Flippen and Asit Sharma as they break down ThreadUP’s S-1.

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Transcript

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0:00.0

Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.

0:20.6

And we're talking energy. And today we're talking tech.

0:23.0

Let's dive in.

0:25.0

Welcome to Industry Focus.

0:29.0

Today is Tuesday, March 23rd,

0:31.0

and I'm the host of this Consumer Goods focused episode, Emily Flippin. on the

0:35.0

Tuesday, March 23rd, and I'm the host of this consumer goods focused episode, Emily Flippin. Today I am joined once again by a Motley full analyst to Osset Sharma,

0:39.0

and we're going to talk about another e-commerce reseller

0:42.0

that's headed to public markets over the hopefully somewhat near future

0:47.3

threat up.

0:48.1

Osset, how are you doing today?

0:49.8

I'm awesome Emily and I am really excited to talk once again about clothing about

0:56.5

threads what a nice name this is thread up sort of like what up thread up it is a nice name and it actually I think summarizes its business pretty well in a way that we don't see often with resellers, but in case it wasn't completely obvious a lot of what they're selling are our items that have been you

1:14.7

could say you know moved up right recycled up the value chain threaded up and they're

1:20.6

essentially giving new life to millions of items of clothing that people are looking to get out of their closets.

1:26.0

We've talked about Poshmark in the past, so hopefully all of our listeners are somewhat familiar with this industry and the market opportunity headed

1:35.8

into today's show.

1:37.3

One of the things that I wanted to talk about as it relates to Threat Up, and this is going

1:41.8

to be a little bit of a feel before we get into the actual

1:44.3

business is the personal experience I have was threat up.

...

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