HugeThing's client Sellbox opens for business
Monika Synoradzka, a mentor at Poland's Huge Thing accelerator www.hugething.org, contacted us to say that one of the startups there, Sellbox www.sellboxhq.com, opened for business earlier this week. Sellbox lets you sell using Dropbox .
Sellbox's product is elegantly simple: it lets people offer files (i.e. content) for sale using Dropbox. Here's how it works --(1) the seller selects a file she/he wants to sell and sets a price; (2) the end-user downloads after paying; and (3) the seller gets 91% of the sale and Sellbox keeps 9%. That's it. Easy and useful. It's the seller's responsibility to promote the link on twitter, his Facebook page, his blog, or whatever other means he has. PayPal handles the transaction.
Sellbox was founded by two young entrepreneurs, Daniel Mendalka and Piotr Machowski (pictured here). Daniel is a developer with extensive experience in making web applications and building teams of programmers. Prior to starting Sellbox, he founded and led several developer groups including Google Developer Group, meet.js or meet.php which led to over 100 workshops, conferences and meetings for programmers. Piotr has experience in designing user friendly websites and mobile applications for international clients at his two previous companies. Piotr says "We both believe in simple and life changing solutions and we are building Sellbox upon that."
Huge Things' approach is similar to other seed accelerators. Here's how it works:
-6 months, two-phase, acceleration program.
-in the first 3 months, teams go through intensive entrepreneurship training supported by Huge Thing's mentors. At the end of 3 months, teams are expected to have validated their business model and to have created a minimum viable product.
-the best teams are then offered seed funding of 30.000 PLN for 10% of their company and they get a second 3 months of acceleration (1 PLN = $US 0.295 today)
Congratulations to Sellbox for getting to market!