If you've given up on Craigslist and Ebay for selling your used electronic gadgets, you still might like Gazelle, a company that will buy your old ipod, phone, Wii etc and sell it on ebay. You find your item -- a phone, a console, etc. -- and tell Gazelle the condition. You print out a shipping package, ship it to the company, and they pay you a rate gleaned from multiple sources that should, in theory, reflect the real value of the device. Gazelle then sells the thing again, hopefully making a profit.
You might ask why not just sell your wares on ebay/craigslist yourself? Well, for many of us its still too much of a hassle to keep track of an auction or to great a worry that our buyer will flake on the purchase. Whatever reason, there evidently is at least one as the site has bought 850 items September 2007 a month after launching, and has raised $46.4 million.
Current Team (8)Update
Past Team (7)Update
Funding Rounds (6) - $46.4MUpdate
Board Members and Advisors (9)Update
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