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Not just a shy girl..
How a used a clothes business went global.. Founded in 2008 as a website, where Lithuanian girls could swap their clothes, it has later grown, with a solid investment, into an international clothing business with 11 million members on a Vinted social networking service. In 2013, Vinted raised 6 million euros from Accel Partners, a major venture capital and growth equity firm, and another 24.8 million euros at the beginning of 2014 from Accel Partners and Insight Venture Partners. The latter being one of the largest rounds ever for a Baltic-based startup. Value-wise, Vinted remains the highest-valued startup in the Baltics. Aiming to make second hand clothing the first choice worldwide, Vinted has already made its name as an avid ecology-friendly business promoter. “Remembering myself in school – no, I could never have imagined being a business leader. It would have looked like something from a
science-fiction book. To be honest, at the time, I didn’t have any skills to be successful in business. I was super shy, I was afraid of people, I was reactive, but not proactive in any area. But with time I noticed I needed to grow, especially after Vinted was launched. It was and still is quite challenging. But that’s the beauty of life, isn’t it?” The second big milestone was Vinted’s launch in Germany in 2009, a year after its Lithuanian launch. Before this we used to think of ourselves as a local business. But with our German launch our mindset changed – we started to see ourselves as a potential global player. Now more and more counrties are coming onboard you could definitely say that Vinted is here to stay!
