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_how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold-124-forbes.webp "Thomas Plantenga bet the future of Vinted on a television advertisement. The secondhand clothing resale app was burning $1 million per month and had less than a year of cash left when Plantenga made an $800,000 gamble on French television. It was May 2016, and Plantenga had recently been hired to save the eight-year-old Lithuanian startup. After its founding at a college party in 2008, Vinted had grown rapidly as people from 10 countries used its platform to buy and sell secondhand clothes. <br/><br/>But it was free for users, barely covering its server costs with advertising, and an attempt in 2014 to bolt on a Poshmark-style 20% sales commission resulted in a user revolt. Traffic almost halved overnight. The Netherlands-born Plantenga, who had never been to Lithuania, signed up for a five-week gig as a consultant in May 2016. He ended up becoming Vinted’s CEO 18 months later.<br/><br/>Seven years later, Vinted is one of Europe’s largest consumer marketplaces, with over $600 million of revenue in 2023. It now counts 100 million users globally. Last year, it posted its first annual profit—at least $20 million—distinguishing it from its loss-making American cousins including The RealReal (valued at $360 million), ThredUp ($200 million) and Poshmark (sold for $1.2 billion). Vinted became the Baltic nation’s first unicorn in 2019 when it raised $140 million at a $1.1 billion valuation, and sales have since grown sixfold. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/iainmartin/2024/04/15/how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold/?sh=5a47e3eaa3f0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_15-year-old-who-had-sex-with-37-year-old-39it39s-illegal-for-a-reason39.webp "Inside Edition")
_police-man-lures-15-year-old-girl-for-sex.webp "KOIN 6")
_the-epstein-tarnished-billionaire-that-is-quietly-reshaping-ohio.webp "As the man who made Jeffery Epstein professionally, the longtime head of Victoria’s Secret stepped down from his retail giant, seemingly finished. This is the inside story of how 86-year-old Les Wexner quietly engineered one of the biggest semiconductor projects in history.<br/><br/>Ohio’s richest resident, Wexner owns the New Albany Company, which is headquartered just a few miles away from Johnstown in the tiny suburb of New Albany, which Wexner started building in the 1980s. He still lives there today, and it was his development firm that secured the land for Intel to nab the mega-deal at the last minute.<br/><br/>When Wexner stepped down from L Brands and out of the spotlight in 2020 amid scrutiny over his relationship with sex offender Jeffrey Epstein, many may have thought the retail mogul, now 86, was retiring after nearly six decades to quietly enjoy his billions. But, it turns out, he was just getting started. As new reporting by Forbes reveals, when local leaders didn’t have a site that fit the ultra specific conditions needed for chip production, which include access to millions of gallons of water a day, they reached out to Wexner’s New Albany Company. Within three days, it had come up with a proposal for the plot in Johnstown. <br/><br/>0:00 Intro<br/>0:24 Who is Les Wexner<br/>1:21 Wexner and Epstein's relationship<br/>3:33 The New Albany Company’s deal with Intel<br/>7:17 Residents react to the Intel deal<br/>8:41 When and why did Wexner start the New Albany Company<br/>10:56 The New Albany Company thrives despite Epstein controversy<br/>13:41 Current state of the Intel construction site<br/>16:11 What will be the aftermath of the deal for surrounding communities<br/>18:50 Is this deal good for Ohio<br/>20:23 What do Ohio residents think of Wexner<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jemimamcevoy/2024/04/10/les-wexners-second-life-how-the-epstein-tarnished-billionaire-is-quietly-reshaping-ohio/?sh=94ef9b16a91d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_11-and-15-year-old-girls-taken-from-oregon-forced-into-sex-work-124-fox-13-seattle.webp "FOX 13 Seattle")
⏲ 2 minutes 29 seconds 👁 92.8K
_sex-trafficked-15-year-old-dies-by-suicide-after-her-rescue.webp "ABC13 Houston")
_going-vegan-cured-my-cystic-acne-124-brand-new-me.webp "A young bodybuilder has revealed how a move to a strict vegan diet ended his painful battle with cystic acne. Brian Turner, from California, transformed from a lanky, skinny, teenager to a buffed bodybuilder, but this impressive transformation included a long battle with cystic acne and severe depression. At 15 years old Brian started weightlifting and, in order to gain weight, would consume large amounts of dairy products. Within six months blackheads appeared on his previously clear skin, and within a year this turned into severe cystic acne. After years of trying different types of supposed remedies, Brian was eventually advised to lay off dairy products. Seeing the benefits to his skin and his bodybuilding, he eventually cut out all animal products and turned completely vegan. And his acne disappeared. With his Team Acne channel on YouTube, Brian wants to help others with their skin problems and insecurities. 27-year old Brian told Truly; “I have changed the way I look at my skin, even if I still have some blemishes or some marks, I feel confident and I love myself. Don’t let acne hold you back from living your life”.<br/><br/>Follow Brian here: https://www.youtube.com/TeamAcne")
_51-year-old-man-arrested-for-trying-to-have-sex-with-15-year-old-girl.webp "CBS News Sacramento")
_police-woman-arrested-for-having-sex-with-15-year-old-boy.webp "WTNH News8")
_39that-was-it-i-never-saw-my-son-again39-meet-the-londoners-at-the-heart-of-the-capital39s-knife-crime-epidemic.webp "Walking to the first interview for this project, I noticed a young boy sitting on a wall a few roads down from my north London flat. He had his head in his hands and his body shook gently, quiet sobs erupting as his feet dangled above the ground. Opposite him lay a sea of flowers, some wilting, others fresh, weather-worn cards, their rain-defeated ink fading into illegibility and candles laid out to form the initials ‘JH’. When I came back home five hours later, he was still there.It’s a memorial Londoners have walked past countless times since it appeared in early January, at the site where 24-year-old Jonah Ho-Shue was stabbed to death. He was the first person to be killed on London’s streets this year.Around the capital, it is not uncommon to see shrines like this — tributes to lives cut tragically short. In many ways, knife crime is a hyper-visible problem in London. It is a fear which can sometimes lie dormant, and then be lit ablaze when a particularly senseless tragedy hits the headlines, such as the killing of 15-year-old schoolgirl Elianne Andam, or 16-year-old Harry Pitman at the end of last year.Until 2016, youth violence in the capital was widely understood to be falling — down from a peak in 2009. Then the numbers started climbing again. The 2020 lockdown seemed to provide some respite, as rates of stabbings decreased for the first time in half a decade, but knife crime in London has risen each year since the pandemic, with a 22 per cent increase in Met Police recorded offences involving a knife or sharp instrument in the last year (up to September 2023).")
⏲ 9:41 👁 285K
_englewood-man-accused-of-sex-with-15-year-old-girl.webp "FOX 4 Now")
_updat3-2-more-men-charged-in-sex-with-15-year-old-girl-case-in-bemidji-area.webp "iNewZ TV")
⏲ 1 minute 19 seconds 👁 13.8K
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