Flip
Flip, headquartered in Los Angeles, CA, operates a community-driven marketplace for buying and selling rare, limited edition sneakers, specializing in a 90-minute bidding process with a guarantee for every approved item to sell or Flip will buy it.
Services
Flip operates a community-driven marketplace for buying and selling sneakers, specializing in rare and limited edition items. Its distinctive 90-minute bidding process guarantees that every approved item will sell within that timeframe or Flip will purchase the item. Buyers have the freedom to set their own prices for sneakers. The platform also includes services like Flip Protect to ensure buyer protection on every purchase, and offers loyalty cards for discounts and benefits, which are coming soon.
Founders
Flip was founded by PILF, Inc. The company is headquartered in Los Angeles, CA, USA.
Products
Flip specializes in rare and limited edition sneakers. The marketplace provides a curated list that undergoes a 90-minute bidding process. A mobile app is available for both iPhone and Android devices, making it accessible for users to engage with the platform on the go. Flip also incorporates a feature for verifying sellers to achieve a trusted VIP status.
Sector
Flip operates within the consumer industry, specifically focusing on the apparel and cosmetics sub-industry. The marketplace's main product offering is sneakers, catering to sneaker enthusiasts and collectors.
History
Flip joined the Y-Combinator batch W15 and quickly established itself as a prominent marketplace for rare sneakers. Since its inception, Flip has aimed to create a secure and engaging community for buying and selling sneakers exclusively within the United States. Over time, the company has introduced several features such as a 90-minute bidding process, loyalty cards, and Flip Protect to enhance user experience and confidence.