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Zaarly Co-Founder Eric Koester on the company’s efforts to be a more local version of eBay.
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Good place companies like eBay and Craigslist usually come to mind but this next Oxford or is creating a new way for customers to buy and sell -- a six month old company is growing very quickly with now former eBay CEO Meg Whitman who -- now Hewlett-Packard's leader joining the board.
Eric Custer is the co-founder and chief operating officer.
Of bizarrely and the name came from -- sort of a derivation of bizarre as in -- daisy at our.
First tell our viewers what they can get and what they can -- -- aren't sure.
Sources are in the marketplace.
Really like a real time marketplace so you can kind of -- and -- whatever it is of people around you and what kind of different so.
You say what you want and people around you can fulfill that so I would pay fifty bucks for some to clean my house or I would -- hundred dollars for someone wait in line -- Black Friday for -- or.
A thousand dollars per kayak whatever might be you ask those things in the community around you can kind of respond and embraces a lot of small businesses are using this is a way to meet new customers -- kind of fill those needs around them.
You're telling me just had one customer who wanted somebody to drive them through the wine country.
In northern cal because they didn't wanna try and after that -- -- Meg Whitman how did you get her interest -- -- -- get her on board.
Yes so we actually got -- -- to to raise money from Kleiner Perkins and she was partner at Kleiner Perkins our first meeting with that presenting that entire team.
Within five minutes of our presentation -- kind of stop the room and said I just gotta say this.
This feels just like eBay did at the start and I thought it was kind of a really interesting validation -- there's no one who's better -- built the market place.
Like she has person to person I think that she sees this.
Big opportunity for us and -- -- local real time mobile and taking those trends together.
I went on the site and it says what do you mean do you need somebody to help you get through paperwork at work you need somebody to do an in home massage for a hundred dollars -- -- -- So it's really services as a net.
It's a mixture actually saw about 40% is in the services space from a plumber handyman -- -- graphic designer.
40% is good so -- -- whatever might be in 20%.
We call kind of access to experiences like tickets are backstage -- to concerts we saw an individual to concerts -- I would pay a hundred bucks to get backstage and meet the band.
And actually posted out -- -- got to meet the band from behind -- of kind of neat things like that that -- real time mobile phone your pocket allows you to do that you could never do before sitting behind of people.
OK well if Meg Whitman is right and you are a burgeoning media -- -- something like that you've you've had fourteen million dollars in start up capital and where do you go from here well I think the first step is really to kind of focus on a couple markets were really looking at New York is a big place for us where there's a lot of density of people using I don't yet have an -- -- do you know we're just in the process of opening one.
-- soon enough we'll have an office here.
And we'll expand global in the next year you just heard Carl -- talking about started having guys like you really be the generator of jobs in America are you hiring.
We are so we already and we started back in and may as we launch the product we've already added thirty jobs and we're hiring more so -- talented developers designers we love to get those can -- hang with.
Stock we do yet we do a mixture of cash and equity I think that that's what part of the technology generations people want to own a part of this I think.
We get people leaving big companies and small companies get part of kind of a big dream company and we're dreaming big the company is -- early in the co-founder is Eric cost -- good luck.
