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NextWorth
NextWorth is an electronics trade-in and recycling service. Users of the service exchange used electronics for cash or discounts on newer models. NextWorth was founded by business students at Babson College in 2005. It started as a commission-based service to help businesses setup online auctions for their used items, then changed its business model to focus on electronics trade-ins in 2006. As of late 2012, NextWorth was one of the best-known and largest electronics trade-in and recycling services in the United States, although it handles only a small percentage of total trade-in traffic.
==History==
NextWorth was founded by David Chen, Andrew Walsh and Scott Richardson while they were students at Babson College. The company was selected for Babson College's 2005 Business Hatcheries program, which provides free resources to student-led startups. NextWorth Inc. began operations the following year. It was originally a service that helped businesses and non-profits prepare luxury items for online auctions in exchange for a 20-33 percent commission. In the spring of 2006, NextWorth changed its business model and services to focus on electronics trade-ins.〔 In January 2007, NextWorth raised $1.5 million in its first round of funding.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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