ThredUp Inc (NAS:TDUP)
$ 0.98 0.13 (15.29%) Market Cap: 110.19 Mil Enterprise Value: 117.80 Mil PE Ratio: 0 PB Ratio: 1.10 GF Score: 49/100

ThredUp Inc at Goldman Sachs Retail Conference Transcript

Sep 08, 2022 / 01:35PM GMT
Release Date Price: $2.67 (+4.30%)
Alexandra Christine Kasper Steiger
Goldman Sachs Group, Inc., Research Division - Research Analyst

Good morning, everyone. Thanks for joining us today. My name is Alexandra Steiger, I'm part of the U.S. Internet Research team here at Goldman Sachs. I'm very, very pleased to have James Reinhart, Founder and CEO of ThredUp; and Sean Sobers, CFO of ThredUp with us today. Welcome to our conference.

Questions & Answers

Alexandra Christine Kasper Steiger
Goldman Sachs Group, Inc., Research Division - Research Analyst

So James, maybe let me start with a question for you. You found ThredUp a little over 10 years ago. As of today, you processed over 125 million unique secondhand items from over 35,000 brands. Can you maybe remind the audience of your long-term vision for ThredUp and what differentiates ThredUp from other retail channels?

James G. Reinhart
ThredUp Inc. - Co-Founder, CEO & Director

Sure. Yes. I mean when we started the business 10 years ago, the thesis was that there had been -- there's

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