Eze Wholesale

Eze Wholesale: a stock-market-style marketplace for used smartphones

Shaan loves a YC company, Eze Wholesale, that built a bid/ask marketplace for wholesalers to buy and sell used smartphones, replacing the Facebook-groups-and-WhatsApp underground. The founders previously brokered $8 million of phones manually before building the tech.

“They, they themselves were former buyers and traders of cell phones, and they had sold prior to this just as brokers. $8 million worth of cell phones and then decided to create a sort of technology marketplace out of this. So if you think about it, market, love it. Style of business, marketplace, love it.”

Steal thisFind a market traded informally over WhatsApp and Facebook groups, and build the structured bid/ask marketplace for it.