Consumer/Ecommerce/News/ Maria Raga steps down as Depop CEO She'll be replaced by the current chief product officer at Etsy By Amy Lewin 20 July 2022 Maria Raga, former Depop CEO Maria Raga, former Depop CEO \Consumer Charles raises $20m Series A to bring LatAm's biggest ecommerce craze to Europe By Miriam Partington in Berlin 20 July 2022 Consumer/Ecommerce/News/ Maria Raga steps down as Depop CEO She'll be replaced by the current chief product officer at Etsy By Amy Lewin 20 July 2022 Maria Raga, the CEO of secondhand fashion app Depop, has today announced her resignation. She’ll be replaced by Kruti Patel Goyal, currently chief product officer at creative marketplace Etsy, which acquired Depop last year. Goyal will relocate to London from New York to take up the reins in September. In a LinkedIn post announcing the news, Raga — who has been at the helm of Depop for eight years — says: “I’ve made the almost impossible decision to step down as CEO in order to take a break and spend more time with my family.” Etsy bought Depop for $1.6bn in June 2021, in part to tap into its Gen Z user base. The app allows sellers to create their own shop fronts, and build a brand around them to sell off their secondhand clothes. Depop was founded in 2011 by Simon Beckerman, and raised over $80m from investors including Balderton, Creandum, HV Capital, Octopus Ventures and General Atlantic. Related Articles Amazon aggregator startups raised over $1bn in Europe in a single day By Freya Pratty Click here to read more Cazoo goes full speed ahead By Amy Lewin Click here to read more Danish startup Trustpilot has become the beating heart of online business By Mimi Billing Click here to read more Used car website Cazoo raises again: this time, £240m By Amy Lewin Click here to read more Most Read 1 \Public & Academic Europe’s top 10 ‘unicorn universities’ 2022 2 \Venture Capital Here’s what I learned being a CEO in finance — both as a woman and man 3 \Venture Capital 300+ female VC partners in Europe: the complete and updated list 4 \Fintech Priced out of the housing market but fancy owning part of a property? There’s a fintech for that 5 \Venture Capital Meet Cornerstone VC — a Black-led pre-seed and seed fund with £20m to invest Join the conversation Subscribe Notify of new follow-up comments new replies to my comments
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