How 3 friends turned their unwanted items into a $550 million business

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These three friends turned their unwanted items into a $550 million business. Here's how. 💰 (via CNBCi)

. "The one commonality all of them had was just this whole fascination for using technology to solve problems and make a big impact."

after their internship, they did just that, focusing initially on items like electronics before expanding to categories including clothing, property, autos and even jobs. "We were really hooked to using the iPhone as our main computer," said Quek. "I think we got spoilt by the simplicity of apps like Instagram. We wanted something that was familiar to us, something very mobile-first: Snap to sell, chat to buy, something very social."

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