Two Internet Entrepreneurs and Their Yet-to-be-Named Online Resale Marketplace

we could use a cell-phone camera and take pictures of everything that goes into storage, and just go boom-boom-boom, and then you’d have a picture inventory of everything that’s in there.'”

“But we didn’t want it to be inventory software,” Anton added. “We wanted it to be Web-based.” Following that came the idea for expanding the Web-based inventory to include social networking features, so friends and relatives could share pictures of items they wanted to show off, sell, or give away. And after that came the idea for listing items for sale by linking with multiple online marketplaces, and even with local chapters of Goodwill Industries and the Salvation Army.

“We have two small kids and my wife is constantly saying, ‘I’ve got this box of 3-to-6-months clothes that we need to give away,” Boyd said. “So essentially, we make it easy to take pictures of your stuff and to upload it to the website.”
The website includes features that make it possible to share the images with messages that include, “Borrow This Anytime,” “Make Me an Offer,” and “Take It, It’s Yours.” And with the economic downturn, Boyd added, “there’s been a boom in bartering and trading.”

Anton estimates there are about 11 million U.S. households storing stuff for 14 months a year or longer. He describes the website as a centralized platform to help users dispose of a range of personal belongings— from the lowest spectrum of value, which are items to give away, to the highest spectrum of value, which are the items to sell or the heirlooms that get passed onto a friend or relative.

Anton and Boyd told me they started developing their website more than a year ago. They self-funded the project mostly with proceeds from Document Tracking Services, a company they co-founded in 2005 that provides Web-based document management and software services for school districts throughout California and Maryland. They believe they now have reached the stage where they need outside funding, and told me they’ve begun to look for angel investors willing to provide between $250,000 and $500,000 in funding.

That’s all they need for the time being, Boyd said. That, and a new name.

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.