Letgo was founded in 2014 by Alec Oxenford and Jordi Castello, with Enrique Linares soon after joining as founding CEO. They created a free and highly-rated app that offers a fast and easy way to buy and sell used goods locally. The app has already been downloaded millions of times since its launch in 2015 and is powering a new, secondhand economy on mobile. In less than a year, the company has grown from 10 guys working in a small co-working space to a 100-person team occupying a gorgeous office in the harbor of Barcelona.
Taking the US market by storm
There is an estimated 381 billion USD worth of used but untouched goods in US homes. Letgo is looking to facilitate people in cleaning out their attics and garden sheds. According to Alec Oxenford there’s been very little innovation in classifieds in the US, particularly in the person-to-person category. Letgo took on the challenge. With its ease of use, no login needed and geolocation sort order (see what’s near you first, not what was most recently posted), theirs is the much needed breath of fresh air in that app category. Already holding the #2 spot in the US market, but gearing up to become the global leader in mobile classifieds, letgo will also be entering other markets soon.
Alec Oxenford – an expert and accomplished e-commerce entrepreneur – previously founded and scaled global online classifieds leader OLX (co-founded by Fabrice Grinda), which has hundreds of millions of active users in India, Brazil, Poland and other growth markets around the world. He acquired 100 million USD seed funding from Naspers, the South African internet investment giant that backed OLX as well. Now letgo has merged with Spain-originating Wallapop and has raised another 100 million USD in Series A funding from its shareholders.
Letgo was founded by Alec Oxenford and Jordi Castello in 2014. They created a free and highly-rated app that offers a fast and easy way to buy and sell used goods locally. The app has already been downloaded millions of times since its launch in 2015 and is powering a new, secondhand economy on mobile.
A man like Alec Oxenford is an inspiration to any aspiring startup founder or anyone else looking to climb the ranks in an online business. To learn the ropes of building a new business, including the investor management that comes with it, is not textbook material. You need to be there, watch and learn. To be offered that chance, you would have to contribute as a business developer. You ensure that both Alec and letgo are making the smartest choices they can make, backed by data at all times. With its current focus on the US market, the job will take you there regularly.
Type of work
Within letgo, you’ll work on defining strategy and taking the business to the next level with insights. You’re comfortable diving right into a wide range of topics and working together with different areas and teams within letgo. You’re excited to switch between working alongside the founder on raising a new round of funding, analyzing key user behaviors the next day, and advising on global expansion strategy on the other. You’re a very clear, data-driven thinker that knows how to communicate and present ideas clearly and convincingly. Being exposed to a lot of different areas of expertise in a startup with exploding growth, you’ll get the best preparation possible to switch into either a general management role or a specific role later in your career. Or better yet, to launch your own startup someday.