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► DISCLAIMER:<br/>For informational and entertainment purposes only. While we strive for historical and factual accuracy, please note that these cinematic recreations may involve dramatisation and should not be considered wholly precise in every detail. Our goal is to present these timeless stories in an engaging, visually appealing way that simplifies complex narratives, making them accessible and enjoyable for all audiences.<br/><br/>• Animated visuals & narrative is made by the Nutshell Studios team.<br/>• This video has proper licensing to use the music and sound effects. <br/>• All music in this video are protected by copyright.
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Thomas Plantenga bet the future of Vinted on a television advertisement. The secondhand clothing resale app was burning $1 million per month and had less than a year of cash left when Plantenga made an $800,000 gamble on French television. It was May 2016, and Plantenga had recently been hired to save the eight-year-old Lithuanian startup. After its founding at a college party in 2008, Vinted had grown rapidly as people from 10 countries used its platform to buy and sell secondhand clothes. <br/><br/>But it was free for users, barely covering its server costs with advertising, and an attempt in 2014 to bolt on a Poshmark-style 20% sales commission resulted in a user revolt. Traffic almost halved overnight. The Netherlands-born Plantenga, who had never been to Lithuania, signed up for a five-week gig as a consultant in May 2016. He ended up becoming Vinted’s CEO 18 months later.<br/><br/>Seven years later, Vinted is one of Europe’s largest consumer marketplaces, with over $600 million of revenue in 2023. It now counts 100 million users glo­bally. Last year, it posted its first annual profit—at least $20 million—distinguishing it from its loss-making American cousins including The Real­Real (valued at $360 million), ThredUp ($200 million) and Poshmark (sold for $1.2 billion). Vinted became the Baltic nation’s first unicorn in 2019 when it raised $140 million at a $1.1 billion valuation, and sales have since grown sixfold. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/iainmartin/2024/04/15/how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold/?sh=5a47e3eaa3f0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 5:56 👁 1.5M
Saga - Spin It Again! (Live In Munich)<br/>At Muffathalle, Munich, Germany <br/>November 17, 2012 / 20/20 Tour<br/><br/>Spin It Again! - Live in Munich, captures the final night of the 2012 successful sold-out tour by the Canadian band in Germany. <br/>Saga’s historical singer Michael Sadler surprised everybody joining the band back just a few days before the recording took place.
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Saga - Spin It Again! (Live In Munich)<br/>At Muffathalle, Munich, Germany <br/>November 17, 2012 / 20/20 Tour<br/><br/>Spin It Again! - Live in Munich, captures the final night of the 2012 successful sold-out tour by the Canadian band in Germany. <br/>Saga’s historical singer Michael Sadler surprised everybody joining the band back just a few days before the recording took place.
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Edward Scissorhands<br/><br/>Warner Bros. Pictures revealed plans for a modern-day reimagining of the beloved classic \
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Stallone and Lundgren return for 'Rocky 7' promising another knockout cinematic experience!<br/>
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Saga - Spin It Again! (Live In Munich)<br/>At Muffathalle, Munich, Germany <br/>November 17, 2012 / 20/20 Tour<br/><br/>Spin It Again! - Live in Munich, captures the final night of the 2012 successful sold-out tour by the Canadian band in Germany. <br/>Saga’s historical singer Michael Sadler surprised everybody joining the band back just a few days before the recording took place.
⏲ 4:34 👁 50K
Saga - Spin It Again! (Live In Munich)<br/>At Muffathalle, Munich, Germany <br/>November 17, 2012 / 20/20 Tour<br/><br/>Spin It Again! - Live in Munich, captures the final night of the 2012 successful sold-out tour by the Canadian band in Germany. <br/>Saga’s historical singer Michael Sadler surprised everybody joining the band back just a few days before the recording took place.
⏲ 5:40 👁 50K
Saga - Spin It Again! (Live In Munich)<br/>At Muffathalle, Munich, Germany <br/>November 17, 2012 / 20/20 Tour<br/><br/>Spin It Again! - Live in Munich, captures the final night of the 2012 successful sold-out tour by the Canadian band in Germany. <br/>Saga’s historical singer Michael Sadler surprised everybody joining the band back just a few days before the recording took place.
⏲ 7:37 👁 25K
The operating ratio is a financial metric that measures a company's operating expenses as a percentage of its total revenue. It provides insights into the efficiency of a company's operations by indicating how much of its revenue is consumed by operating costs. A lower operating ratio generally indicates better operational efficiency and profitability.<br/><br/>The formula for calculating the operating ratio is as follows:<br/><br/>Operating Ratio<br/>=<br/>Operating Expenses<br/>Total Revenue<br/>×<br/>100<br/>%<br/>Operating Ratio= <br/>Total Revenue<br/>Operating Expenses<br/>​<br/> ×100%<br/><br/>Here's a breakdown of the components:<br/><br/>Operating Expenses: These are the expenses directly related to the company's core business operations, excluding non-operating expenses such as interest and taxes. Operating expenses typically include costs such as cost of goods sold (COGS), selling and administrative expenses, and depreciation.<br/>Total Revenue: This represents the company's total sales or revenue generated from its primary business activities before deducting any expenses.<br/>By dividing operating expenses by total revenue and expressing the result as a percentage, the operating ratio shows the proportion of revenue that is used to cover operating costs. A lower operating ratio indicates that the company is able to generate more revenue relative to its operating expenses, suggesting greater operational efficiency and profitability.<br/><br/>Conversely, a higher operating ratio suggests that a larger portion of the company's revenue is consumed by operating expenses, which may indicate lower profitability and efficiency. However, it's important to interpret the operating ratio in the context of the company's industry, size, and business model, as different industries and companies may have varying levels of operating expenses.<br/><br/>Overall, the operating ratio is a useful measure for assessing a company's operational efficiency and cost management. It is commonly used by investors, analysts, and managers to evaluate a company's financial performance and compare it to industry peers.
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CHRISTINA AGUILERA — Genie In A Bottle | From Christina Aguilera — Stripped (Live In The U.K.) | Christina's first-ever live release, filmed at sold-out Wembley Arena in London <br/>Artist: Christina Aguilera <br/><br/>Title: Genie In A Bottle <br/><br/>Written and Composed by Steve Kipner/David Frank/Pam Sheyne<br/>Published by Stephen A. Kipner Music/EMI Music Publishing (ASCAP)/Muso Music/Griff/EMI Music Publishing (ASCAP)/Appletreesongs Ltd. (BMI) <br/><br/>DVD ~ Christina Aguilera - Stripped (Live In The U.K.)<br/>Christina's first-ever live release, filmed at sold-out Wembley Arena in London<br/>Release date: 8 November, 2004<br/>82876 580009<br/>Executive Producer: Christina Aguilera<br/>Director: Julia Knowles<br/>Producer: Sharon Ali<br/>Executive Producer Christina Aguilera <br/>Musical Director / Keyboards - Robert Lewis<br/>Bass - Ethan Farmer<br/>Guitar - Michael Herring<br/>Drums - Brian Frasier-Moore<br/>Percussion - Ray Yslas<br/>Vocalists - Charlean Hines, Traci Nelson, Brandon Rogers<br/>Mixed by Chris Lord-Alge <br/>at Image Recording Studios<br/>Dancers <br/>Tiana Brown, Erin Hernandez, Paul Kirkland, Leo Moctezuma, Gilberto Saldivar, Telisha Shaw, Monique Slaughter, Marcel Wilson <br/>Post Production Audio Supervisors - Toby Alington, Tony Blanc<br/>RCA Records International - Tim Delaney, John Volgtmann<br/>DD Dolby Digital 5.1<br/>PAL<br/>The RCA Records Label is a Unit of BMG<br/>Distributed by the local BMG company. All trademarks and logos are protected. <br/>RCA is a registered trademark of RCA trademark Management.<br/>Made in the EU. <br/>Dolby and DD are trademarks of Dolby Laboratories, Inc.<br/>RCA<br/>BMG <br/>LC 00316<br/>Studio: Sony Music Entertainment Germany<br/>Media Format: PAL, DVD-Video<br/>Freigegeben ohne Altersbeschränkung gemäß § 14 JuSchG FSK<br/>Approximate Running Time: 3:32
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CHRISTINA AGUILERA — What A Girl Wants | From Christina Aguilera — Stripped (Live In The U.K.) | Christina's first-ever live release, filmed at sold-out Wembley Arena in London<br/>Artist: Christina Aguilera <br/><br/>Title: What A Girl Wants <br/><br/>Written and Composed by Shelly Peiken/Guy Roche<br/>Published by EMI Blackwood Music Inc. (BMI)/Manuiti L.A. (ASCAP)/Sushi Too (BMI)/Hidden Pun Music (BMI) <br/><br/>DVD ~ Christina Aguilera - Stripped (Live In The U.K.)<br/>Christina's first-ever live release, filmed at sold-out Wembley Arena in London<br/>Release date: 8 November, 2004<br/>82876 580009<br/>Executive Producer: Christina Aguilera<br/>Director: Julia Knowles<br/>Producer: Sharon Ali<br/>Executive Producer Christina Aguilera <br/>Musical Director / Keyboards - Robert Lewis<br/>Bass - Ethan Farmer<br/>Guitar - Michael Herring<br/>Drums - Brian Frasier-Moore<br/>Percussion - Ray Yslas<br/>Vocalists - Charlean Hines, Traci Nelson, Brandon Rogers<br/>Mixed by Chris Lord-Alge <br/>at Image Recording Studios<br/>Dancers <br/>Tiana Brown, Erin Hernandez, Paul Kirkland, Leo Moctezuma, Gilberto Saldivar, Telisha Shaw, Monique Slaughter, Marcel Wilson <br/>Post Production Audio Supervisors - Toby Alington, Tony Blanc<br/>RCA Records International - Tim Delaney, John Volgtmann<br/>DD Dolby Digital 5.1<br/>PAL<br/>The RCA Records Label is a Unit of BMG<br/>Distributed by the local BMG company. All trademarks and logos are protected. <br/>RCA is a registered trademark of RCA trademark Management.<br/>Made in the EU. <br/>Dolby and DD are trademarks of Dolby Laboratories, Inc.<br/>RCA<br/>BMG <br/>LC 00316<br/>Studio: Sony Music Entertainment Germany<br/>Media Format: PAL, DVD-Video<br/>Freigegeben ohne Altersbeschränkung gemäß § 14 JuSchG FSK<br/>Approximate Running Time: 6:28
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