Poshmark built a $200 million mobile-only fashion marketplace

Poshmark’s founder Manish Chandra made a prescient bet in 2011: mobile would become the center of shopping. Around the same time, fashion marketplaces like Tellusfashion (now LookBible) and Google’s Boutiques.com (Google.com/shopping) were gaining traction, Chandra the following year launched a mobile-only marketplace app to buy and sell second-hand goods.Read the full article