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Junk Money
TikTok launches a junk monetization marketplace, Zapier ships an AI flowchart tool, Netflix mails its last DVD
Happy Monday! After 25 glorious years, Netflix sent out it’s final DVDs on Friday. As a farewell, all customers who have a DVD rental get to permanently keep their discs. My question – who on earth are these people!?
🌶 Daily highlight 🌶
TipTop launched a marketplace to turn your junk into cash.
Started by the Postmates founder, TipTop integrates with a users Gmail and Amazon accounts to scan for past purchases. TipTop then makes instant cash offers on those items, while also handling pickup / delivery logistics 🚚
It’s also building a second product for e-commerce sellers, allowing them to offer ‘guaranteed buybacks’ at pre-determined prices. If the economics work out for TipTop, it’d be compelling to e-commerce companies from the lens of increasing checkout conversion 💰
Overall this feels like a very tough execution challenge, but if TipTop cracks it, it’s going to unlock a giant pile of money.
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🧈 Twitter nugget
Early contender for best ML paper of the year
— Justine Moore (@venturetwins)
6:04 PM • Sep 26, 2023
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- Amol