The CEO of eBay, Jamie Iannone, says that you’re likely sitting on treasures worth thousands of dollars.
On Yahoo Finance’s Opening Bid Unfiltered podcast this week, Iannone said that an average household contains at least $3,000 to $4,000 worth of items that could be sold online. Collectibles like Pokémon cards and trading cards, for example, were a “massive business” that contributed to $10 billion worth of products sold annually.
“The whole idea is to unlock what’s in people’s closets and garages and houses,” Iannone said on the podcast. “And so, really unlocking all of that amazing inventory.”
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