Startup Founder Chat with Parvez Hossain of SWAP | Recommerce Startup
Description
We have a chat with Parvez Hossain, co-founder and CEO of SWAP. SWAP is a hybrid of an e-commerce and re-commerce marketplace in Bangladesh.
2:53 Origin story of SWAP - Born from necessity to solve a problem they faced
11:07 What does success look like for SWAP?
11:41 Going through SWAP's updated Pitch Deck
16:41 SWAP's business model - C2B marketplace and a B2C/B2B marketplace
17:07 Revenue growth of 5X and saving 170 metric tonne of e-waste
22:26 The global recommerce market size is $1,480 billion with Bangladesh being $1.8 billion
23:18 The biggest players in the recommerce space
26:22 How do you minimize the risk of a used product?
28:02 What is the contribution of vehicles and electronic gadgets to the current GMV?
31:55 Why expand to the UAE instead of other markets?
35:52 What are the metrics that matter
41:11 Future valuation and multiples when things go as planned
42:20 33x multiple by 2026 - what are the challenges to realizing this?
45:58 The burning question - what is Parvez's workout regime?
CONNECT WITH PARVEZ:
1) https://www.linkedin.com/in/hossain-p...
CONNECT WITH US:
1) Osman - https://www.linkedin.com/in/osmansing...
2) Razy - https://www.linkedin.com/in/razyshah/
CONNECT WITH SWAP:
Website - https://swap.com.bd/
LinkedIn: https://www.linkedin.com/company/swap...
Facebook - https://www.facebook.com/swap.com.bd/
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