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James Reinhart didn’t set out to change the way we shop—he just wanted to clean out his closet. But that simple idea turned into ThredUp, the giant and beloved resale marketplace. In today’s episode, Sammi sits down with James to unpack how he went from teaching in classrooms to disrupting closets.
They talk about the bold bet that helped ThredUp outsmart competitors, why the “Clean Out Kit” became their secret weapon, and what most people get wrong about the secondhand economy. James also shares why partnerships with legacy retailers like Walmart and Macy’s matter, how AI is reshaping resale logistics, and his take on live shopping.
Follow Sammi on Instagram
Subscribe to the Social Currency newsletter
Follow ThredUp
Read ThredUp’s Resale Report
Here’s what Sammi covers today with James:
00:00 James Reinhart’s Social Currency
01:51 From Education to Entrepreneurship
04:07 The Genesis of ThredUp
09:00 Building the Founding Team
15:20 The Managed Marketplace Model
18:37 The “Clean Out Kit” Innovation
25:43 Challenges in Secondhand Retail
28:56 Resale Market Growth Predictions
29:40 Trends in Secondhand Selling
30:23 Consumer Behavior in Secondhand Shopping
32:19 Customer Loyalty and Retention Strategies
34:06 AI Innovations in Secondhand Retail
39:46 Impact of De Minimis Exemption on Retail
46:34 Future of Retail and Brand Building
51:19 POV on Live Shopping
54:05 Surprising Consumer Behaviors
55:34 How to Show Social Currency Some Love
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.
*APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change.
See terms of IRA Match Program here: public.com/disclosures/ira-match.
Learn more about your ad choices. Visit megaphone.fm/adchoices
4.9
6161 ratings
James Reinhart didn’t set out to change the way we shop—he just wanted to clean out his closet. But that simple idea turned into ThredUp, the giant and beloved resale marketplace. In today’s episode, Sammi sits down with James to unpack how he went from teaching in classrooms to disrupting closets.
They talk about the bold bet that helped ThredUp outsmart competitors, why the “Clean Out Kit” became their secret weapon, and what most people get wrong about the secondhand economy. James also shares why partnerships with legacy retailers like Walmart and Macy’s matter, how AI is reshaping resale logistics, and his take on live shopping.
Follow Sammi on Instagram
Subscribe to the Social Currency newsletter
Follow ThredUp
Read ThredUp’s Resale Report
Here’s what Sammi covers today with James:
00:00 James Reinhart’s Social Currency
01:51 From Education to Entrepreneurship
04:07 The Genesis of ThredUp
09:00 Building the Founding Team
15:20 The Managed Marketplace Model
18:37 The “Clean Out Kit” Innovation
25:43 Challenges in Secondhand Retail
28:56 Resale Market Growth Predictions
29:40 Trends in Secondhand Selling
30:23 Consumer Behavior in Secondhand Shopping
32:19 Customer Loyalty and Retention Strategies
34:06 AI Innovations in Secondhand Retail
39:46 Impact of De Minimis Exemption on Retail
46:34 Future of Retail and Brand Building
51:19 POV on Live Shopping
54:05 Surprising Consumer Behaviors
55:34 How to Show Social Currency Some Love
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative, involves a high degree of risk, and has the potential for loss of the entire amount of an investment. Cryptocurrency holdings are not protected by the FDIC or SIPC.
*APY as of 6/30/25, offered by Public Investing, member FINRA/SIPC. Rate subject to change.
See terms of IRA Match Program here: public.com/disclosures/ira-match.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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