FOBO (YC S11) Launches In San Francisco To Become The Fastest, Easiest Way To Sell Your Consumer Electronics

by Y Combinator1/10/2014

By now you probably know that Craigslist sucks as a way to sell stuff. You have to contend with spam emails, buyers who promise to purchase your goods but flake, and people who show up then try to haggle down the price after the fact. But somehow, no one has figured out a way to make it better or provide a real alternative.

Well, there’s a new app out called FOBO that aims to solve all those problems, providing users with a local marketplace for selling consumer electronics.

FOBO launches in San Francisco today, offering its users a new way to sell goods via mobile app. It gets rid of all the hassle that is usually associated with local marketplaces and makes it ultra-simple and ultra-fast to do so. The app guarantees sellers will get a certain price for their devices and will be paid upfront, and ensures that their product is sold fast — within 97 minutes.

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  • Y Combinator

    Y Combinator created a new model for funding early stage startups. Twice a year we invest a small amount of money ($150k) in a large number of startups (recently 200). The startups move to Silicon