u/Forward_Guide_3505

Are we sure that we aren’t working for Lumon Industries in Macrodata Refinement?
IYKYK
😂

SECTION 1: VERIFICATION

Website: https://www.luqsee.com Company LinkedIn: https://www.linkedin.com/company/luqsee/posts/?feedView=all

SECTION 2: THE SUMMARY

The Hook:

• Every secondhand marketplace — Poshmark, ThredUp, eBay, — has the same unsolved problem: they cannot access the $260B in quality inventory that people are holding onto until they find the right disposal option. Luqsee unlocks it.
• MVP is live with an e-commerce site on Shopify and backend database built on Airtable, Partner/Consignor Portal on Bubble— $9K gross sales/month, 15 vetted partners, 75 consignors, 5,000 items listed — GMV grown from a few hundred dollars to $9K/month organically with virtually no paid marketing beyond small tests. 
• The infrastructure we're building for fashion today scales to every category of item people own and want to keep in circulation

 

SECTION 3: THE BUSINESS CASE

The Problem:

$260B in quality clothing sits locked away — unworn, unmonetized, going nowhere. People want to declutter but every option fails them. DIY selling on Poshmark or eBay requires time and expertise most people don't have. ThredUp's bag model is anonymous and pays poorly. Consignment stores are selective and impersonal. Poshmark tried to build a consignment layer and just paused the program — because the anonymous, low-economics model doesn't work for the partners doing all the work.

The pain is real, the market is validated, and every prior solution has the same structural flaw: no personal relationship, no trust, and no access to the premium inventory that trust unlocks.

The Solution:

Luqsee is a consignment concierge marketplace. We connect consignors with Luqsee Listing Partners — professional resellers we personally vet, who pick up items in person, photograph, list, sell, and ship everything. Consignors get paid without lifting a finger. Partners earn 60–85% of every net sale and build a recurring client base. Luqsee owns the point of sale on our own Shopify marketplace and branded presences across major resale platforms.

No inventory. No warehouse. No facilities. Pure asset-light platform.

The in-person pickup model is the key insight every prior attempt missed. Trust built face-to-face unlocks the premium inventory — the quality pieces people hold back because they don't trust a stranger with them. That inventory doesn't exist anywhere else in the resale market.

Market & Why Now:

• $350B+ global secondhand apparel market by 2028, growing 4–6x faster than traditional retail
• 1M+ existing professional marketplace sellers as potential Listing Partners
• $260B estimated value locked in US closets and garages (The average person wears 14-18% of the items sitting in their closet)
• The founder has personally handled 50+ consignors and understands the emotional complexity of a closet in a way no tech-first founder has — that insight is baked into everything about how Luqsee operates.

SECTION 4: TRACTION & VALIDATION

PATH A: Commercial Traction (Marketplace)

Revenue: $9K gross sales/month. GMV has grown from a few hundred dollars per month to $9,000/month over the past year — organically, with little to no paid marketing. 5,000 items listed and actively selling. Listings will double within the next 30 days because of new partners onboarding.  Our waiting list of consignors is over 100.

Users:

• 15 vetted Listing Partners 
• 75 active consignors — sourced without paid marketing
• 25 partner interviews scheduled in the next two weeks following a single TikTok video
• 5 new consignors in one week from a $10/day Google ad test (4 paid, 1 referral) — proven repeatable acquisition channel

CAC/LTV:

• Consignor CAC: ~$17.50 proven via paid test. Organic CAC effectively $0.
• Partner CAC: $0 — organic TikTok and word of mouth only (A single TikTok video with 5500 views generated 52 new applications in 36 hours u/shopluqsee on TikTok) 
• Consignor LTV: $500–$5,000 GMV per consignor depending on wardrobe size and quality, generating $100–$1,000 in Luqsee revenue per consignor over their lifetime. Consignors return repeatedly as they declutter over time — LTV compounds with each visit.
• Per-partner Year 1 Luqsee revenue: ~$5K in fees, growing as they add consignors. Year 2 adds $29/month partner subscription.
• Additional revenue streams from interest float as consignors are paid out monthly and onsite and in package advertising

SECTION 5: THE ASK

The Team:

Kristina Stoural — Founder & CEO: 10 years at Amazon building startup businesses from scratch — Corporate Gift Card program, Amazon Transparency, and AWS Marketplace. Responsible for business model development and business development execution as those programs scaled. Decade of B2B tech sales leadership. Currently personally operating a consignment business with 50+ active consignors and 3,000+ items listed — the operational insight that built Luqsee.

Deena Moody — COO: MBA, University of Washington. 10+ years at Russell Investments, TrueBlue, and DaVita in senior executive operations, people management, and backend systems at director level.

Meg Dwyer — CMO: 9 years in content and brand strategy across consumer and B2B SaaS. Influencer and social media marketing. Brand-building for growth-stage companies.

All three working for equity. Legal counsel also working for equity.

The Deal:

Raising $1.5M on a SAFE note. $8M–$10M pre-money valuation cap. Pre-seed stage.

Use of funds: 35% marketing, 30% technology (native listing app, marketplace features), 25% people (10 hires across ops, marketing, finance, tech), 10% operations (partner vetting infrastructure, payout systems, shipping integrations).

Specific Feedback Requested:

• Does our valuation cap feel right given current traction and the asset-light model?
• Any angels with consumer marketplace or recommerce experience who want to connect — DMs open.
• Warm intros to angels or micro-funds focused on consumer marketplaces, sustainable fashion, or female-founded companies welcome.
• Happy to share one-pager or full deck. Email: info@luqsee.com

I am new to being a Tasker. I’ve done 10 tasks now and it’s going well. I’m just doing this for extra money while I’m building my startup and getting funded. I do organization, errands, cooking, help with packing and unpacking, etc I keep upping my rates and most are now in the red zone and I have a two hour minimum and I’m still getting jobs and I’m getting seen. I wonder if I could go further in the red? For me the thing that bugs me is the fact that hours driving to and from (especially for errands) is not included and I can’t expense mileage. The price of gas where I live is around $7/gallon. I’m pretty much at $40 now for every task.
Is that too low or high? I live in the greater Seattle area.

I have a personal and a business Poshmark. My personal Poshmark is where I do most of my business. I have over 3000 active listings there and pay $75/week for promoted listings (which have generally been good for me). I usually sell about 130 items per month. My business one I have 446 listings and make about 15 sales per month and only pay $20/week for promoted listings… well in the past 3 days I’ve sold 6 items on my personal one (and only bc I accepted ridiculous offers), and on my business account we had 6 sales today and NONE WERE OFFERS.
The only difference is that we’re listing a lot more on the business account and we’re not on the personal one. But both have PrimeLister relisting… so… 🤷‍♀️ Make it make sense.