Credit crunch is causing lots of startups to close their doors. As sad as it is, it raises the question: what happens to the equipment when a startup dies?
Israel’s Peribanu (also known as Hand2Hand) is a second hand marketplace for excess inventory and pre-owned equipment. The idea is dead simple, yet so relevant. The B2B marketplace has an inventory of three million items for sale on a daily basis. Companies are able to make bids on servers, boards, network switches, computers and every other hardware component you can think of. Peribanu sellers can upload a list of inventory from excel, and buyers are able to ask questions on specific products.
Peribanu was founded in 2007 by the founder of Cibus, a very active service in Israel that provides a one stop solution for managing office food ordering, by accessing daily menus from restaurants, handling and tracking food orders and managing employee benefits. The company is based in Israel and San Francisco.
I'm a former general partner at google ventures, head of Google for Entrepreneurs in Europe and founding head of Campus London, Google's first physical hub for startups.
I'm also the founder of Techbikers, a non-profit bringing together the startup ecosystem on cycling challenges in support of Room to Read. Since inception in 2012 we've built 11 schools and 50 libraries in the developing world.
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