by RJ Shara | May 10, 2021 | Startups
Snack, a video-first mobile dating app created with a more youthful generation in mind, is opening itself up to Gen Z investors. The start-up today announced the launch of its own Gen Z Syndicate on AngelList, which will enable Gen Z neighborhood members, others, developers and influencers to take part in the company’s upcoming $2 million SAFE, […] “And I essentially believe now that the right opportunity is the distribution on TikTok, as well as influencers. Longer-term, Treat is most likely to grow beyond the young, Gen Z demographic. Amongst the Gen Z investors are VCs that have heard about Treat, however whose fund mostly invests at a later phase.”I desire Gen Z to have a seat at the table and assistance form what Snack becomes,” says Kaplan. 
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by RJ Shara | Jan 20, 2021 | Startups
Curtsy, a clothing resale app and competitor to recently IPO ‘d Poshmark, revealed today it has raised $11 million in Series A funding for its start-up concentrated on the Gen Z market. The app, which progressed out of an earlier effort for renting gowns, now enables ladies to note their clothing, shoes and accessories for resale, […] Like other online clothing resale businesses, Curtsy intends to address the needs of a more youthful generation of customers who are looking for a more sustainable option when going shopping for clothing.”The big space in the market is actually for casual sellers– individuals who are not interested in offering professionally,” explains Curtsy CEO David Oates. When sellers first list their item in the app, Curtsy will advise a cost, then fill in information like the brand, category, subcategory, shipping weight and the suggested selling price, utilizing machine learning systems training on the previous items sold on its marketplace. Curtsy now has numerous hundred thousand people who sell and purchase on its iOS-only app, with a typical deal rates of 3 items sold or purchased per month. …
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