Sign up to save your podcasts
Or
Share Manish Chandra (Founder & CEO) shares The Poshmark Story
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Manish Chandra (Founder & CEO) shares The Poshmark Story
In this episode, Manish Chandra, founder of Poshmark, joins James Currier to discuss his experience building and scaling Poshmark. They delve into overcoming operational challenges, the importance of social commerce, and the company's unique business philosophy. The conversation also touches on fundraising, team development, and Poshmark's future plans.
They were rejected by 200+ investors. They were turned down by every single payment processor in the country. They discovered they were in violation of USPS regulations, and almost ran out of money.
Yet today, Poshmark is one of the most successful marketplaces of all time.
Be on the lookout for more Iconic Marketplace episodes on the NFX podcast in the near future and read more NFX content at - www.nfx.com/essays
(0:00) Introduction and Background of Manish Chandra
(5:24) Lessons from Kaboodle and Conception of Poshmark
(12:17) Building, Testing, and Scaling Poshmark
(19:21) Overcoming Operational Challenges and Reinventing Shipping
(22:06) Social Commerce and Community Aspects of Poshmark
(27:16) Business Philosophy and Work Environment at Poshmark
(31:22) Potential Future of Poshmark and Overcoming Hard Times
(35:12) Continuous Growth as a Leader and Challenging Business Axioms
(39:33) Importance of Company Culture and Network Effects
(41:01) Fundraising Journey, Team Development, and CEO Time
(47:38) Future of Poshmark: International Expansion and New Product Categories
(49:02) Closing Remarks with Manish Chandra
View all episodes
By NFX
4.9
7575 ratings
In this episode, Manish Chandra, founder of Poshmark, joins James Currier to discuss his experience building and scaling Poshmark. They delve into overcoming operational challenges, the importance of social commerce, and the company's unique business philosophy. The conversation also touches on fundraising, team development, and Poshmark's future plans.
They were rejected by 200+ investors. They were turned down by every single payment processor in the country. They discovered they were in violation of USPS regulations, and almost ran out of money.
Yet today, Poshmark is one of the most successful marketplaces of all time.
Be on the lookout for more Iconic Marketplace episodes on the NFX podcast in the near future and read more NFX content at - www.nfx.com/essays
(0:00) Introduction and Background of Manish Chandra
(5:24) Lessons from Kaboodle and Conception of Poshmark
(12:17) Building, Testing, and Scaling Poshmark
(19:21) Overcoming Operational Challenges and Reinventing Shipping
(22:06) Social Commerce and Community Aspects of Poshmark
(27:16) Business Philosophy and Work Environment at Poshmark
(31:22) Potential Future of Poshmark and Overcoming Hard Times
(35:12) Continuous Growth as a Leader and Challenging Business Axioms
(39:33) Importance of Company Culture and Network Effects
(41:01) Fundraising Journey, Team Development, and CEO Time
(47:38) Future of Poshmark: International Expansion and New Product Categories
(49:02) Closing Remarks with Manish Chandra
More shows like The NFX Podcast
View all
This Week in Startups
1,290 Listeners
Invest Like the Best with Patrick O'Shaughnessy
2,323 Listeners
Y Combinator Startup Podcast
236 Listeners
The Diary Of A CEO with Steven Bartlett
8,883 Listeners
All-In with Chamath, Jason, Sacks & Friedberg
9,897 Listeners
Moneywise
650 Listeners