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TipTop , the startupthat offers clamant Johnny Cash for electronics , is launching TipTop Shop , a elbow room for users to buy and craft in devices . TipTop Shop build on the success of TipTop Cash , which was released late last twelvemonth . It allow people get exigent payouts for electronic equipment like smartphones , iPads , cameras , game system and more .
Many mass sell previous devices in edict to purchase new ones , and sometimes they do n’t always want the late and most expensive model . Traditionally , consumers plough to selling platforms or employ business deal - in programs that often give gift cards that can be put toward a unexampled purchase .
peak wants to remove the rough-and-tumble by combining both sides of the equation . hoi polloi can buy young , overt - box and refurbish twist through cash and patronage - ins . “ You have this merged deal - in go-cart , which allows you to sell in anything that you have , ” the startup ’s founder , Bastian Lehmann , told TechCrunch . Lehmann formerly founded Postmates .
“ It does n’t have to be from the same brand , it does n’t even have to be a related merchandise , ” he suppose . “ And then we do what we have done over the last yr , we straightaway recognize the value of the detail that you no longer demand , and you could then purchase things with a deduction because we are get hold of your trade - in time value into report . ”
client can trade in an old Samsung Galaxy for a discount on an iPad , an Apple HomePod mini for a Nintendo Switch or an iPhone for a Nothing earphone . Customers can also make a leverage without a trade - in .
TipTop processes the payment through Stripe and do by the deliveries . Unlike on platforms like eBay and Facebook Marketplace , consumers are n’t buying products on TipTop from other consumers , as the gadget are owned by the startup itself .
Lehmann ride that next calendar month , the startup will be launch a new product that will give merchants the ability to work crying trading programme .
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To engagement , TipTop has raise $ 23 million in Series A financial support from investors , include Andreessen Horowitz ( Marc Andreessen is on the instrument panel ) , plus OpenAI CEO Sam Altman , AngelList co - founder Naval Ravikant and Pinterest , Coinbase and DoorDash board phallus Gokul Rajaram .
Postmates ’ founder ’s new app summit offers instantaneous John Cash for your stuff
