Quote:
Original Posted By
jaya28inside ►
wats dat??
It's ID's start-up. To put it into kaskus terms, it's like an FJB, but with a set price of Rp. 50.000 and a built-in escrow. It should be better organized, making things easier for both seller and buyer. The built-in escrow should also reduce the amount of disputes.
The video at the site should be self-explanatory, really. Check it out.
I've talked to ID myself and he's putting a lot of effort and money into this. I'm really curious who his angel investor is though, because that video alone implies a serious amount of money being invested into this.
(In case you are wondering how gobann itself will make its profit, there are two avenues. One is the flat 10.000 rupiah transaction fee, meaning that the seller only gets 40.000 rupiah per transaction. The other is the interest in escrow money. Both are actually reasonable and commonplace in this business. From the seller's point of view, as long as it enables him to reach hundreds of buyers, it's all good. And from the buyer's point of view, as long as he gets what he wants at a reasonable price, it's all good too.)
DISCLAIMER: Everything I said above are either publicly available information or logical deduction based on available information on similar businesses.
DISCLAIMER: ID has offered me to offer my services as a seller and I've agreed to do so. However, I am not an employee of his or gobann.com nor should I be considered to represent him or gobann.com in any way, shape, or form.
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, I think it's kinda about 1 ream