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Pasindu Withanage

Co-founder & CEO @ Thiken

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Co-founder & CEO @ Thiken. As a co-founder and the CEO of Thiken I've been involved in over 50 client and our own startup products over the last 4 years.

Recent Answers

Marketplaces

How to launch a Consumer-To-Consumer marketplace?


Pasindu Withanage

Co-founder & CEO @ Thiken

You could potentially try to get a good amount of products on your marketplace through your friends and family as a start. Also make sure that you go city by city so that way you can focus on one city and once you are doing great there you have the credibility and the experience to move to a new city. You could also look at other marketplaces like facebook marketplace, craigslist or letgo and duplicate some of the postings on your site (Check for the legality of this). But you can definitely talk to some of the people that are selling on these platforms and try to get them to post on your platform as well. If you have some investment money behind you, you could buy some stuff off garage sales, craigslist etc and put it for sale on the platform. Then you can advertise the platform to the general public through social media etc.

Start-ups

How much equity do first round investors typically want?


Pasindu Withanage

Co-founder & CEO @ Thiken

"Potential" is a very common word that investors hear. The amount of equity an investor would want depends on the stage you are at. If you have built something and proven the model then you have the ability to negotiate harder and get a fairly good deal. But if you are looking to raise money with just a set of wireframes investors will need a bigger piece of the pie.

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Lean startupStartup ConsultingUser Experience DesignEarly Stage StartupNew Product DevelopmentStartup StrategyProduct Strategies