You’ve probably already met the Swapit Team before. We are a small bunch of enthusiastic mobile app guys who want to revolutionize the way people deal with pre-loved items.
Pretty much a month ago, we have brought on Vito to our Swapit Team. He has 1.5 years experience in building mobile apps in different fields like remote controlling smart home appliances or connecting to different kinds of hardware devices from a mobile app (iOS/Android) using Bluetooth.
The recruiting process was pretty straight forward for us. We did actually have 4 candidates who were shortlisted and we chose to go for Vito in the end. We all felt he was the best fit for us in terms of skill set and character fit.
So here it is again: Welcome to our team Vito!
Why did we hire now?
As you might know, we raised some funding in December and again in February. About a year ago when I started to lay out a plan for Swapit in terms of product development and business development, it was clear that we will require funding to grow at the pace we need to. During that time, I came across this term:
“Alignment of Capital to Milestones”
For us to be able to raise funding, we needed a clear path forward – a clear set of milestones we align with the capital we want to raise. One major part of our business is to capture as much market share as possible. In the end Swapit is a trading platform and it will only be as successful as many users we have, and as much as we engage those users. While we feel very passionate about our high engagement rates, we do know that we require a large pool of active users for our marketplace to self-sustain. Read my piece on marketplace liquidity if you want to know more about that. At the same time, we had Swapit only available for Android devices. While we consciously choose to support only Android at the start, we always knew we had to push Swapit out to iPhones and iPads too.
So the funding we raised is aligned to two very important milestones:
- Bring Swapit to iPhone and iPad
- Increase Market Share to (still secret number) of Users
In order to achieve the first goal, we needed to hire a skilled developer to help us get to that point. We feel very comfortable with our choice thus far and we absolutely certain, we will launch a new Swapit beta on the App Store soon.
Stay tuned for our upcoming Swapit on iOS! Get yourself on the Swapit iOS beta list if you’re interested.
Want to try Swapit today? Download it for your Android device from: http://get.swapit.la