ThredUp's Anthony Marino: 'We're trying to create a business that makes money and does good'

As Marie Kondo has everyone rooting through their closets for the items that spark joy and consumers are becoming more conscious of sustainable buying practices, resellers like ThredUp are hitting their stride. The online secondhand marketplace is based on a model that serves both suppliers and customers: Suppliers are able to send in their items free of cost and get paid for them, while buyers have access to an inventory that is always growing and changing, with products listed for significantly less than traditional retail. "I don't want to make it sound like we're bleeding heart activists, because we have to run a profitable business, too," said Marino. "So we're trying to create the ultimate business, which is one that makes money and does good at the same time." On this week's episode of The Glossy Podcast, Hilary Milnes sits down with ThredUp president Anthony Marino to talk about what's unique about the online resale market, how the company manages its massive and ever-changing inventory, and why its partnerships with outside retailers are a win for all involved.