Fabrice Grinda

In a recent post, I explained how one of the ways that OLX has grown was to partner with other sites to run their classifieds channel (http://www.fabricegrinda.com/?p=256). The other way has been through acquisitions.

We acquired Mundoanuncio (www.mundoanuncio.com) in October 2006 to establish ourselves in the Hispanic market. We just invested in Edeng (www.edeng.cn) establish ourselves in China.

It’s still too early to tell whether OLX will be a success, but both strategies are seemingly working well.

You can see the press release at:
http://biz.yahoo.com/prnews/071204/nytu026.html?.v=101

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I live in New York even though I work on the Internet. That decision has always been for personal reasons. To maximize business opportunities, I should arguably be in San Francisco.

However, it seems that New York is going through an Internet revival with the ever growing number of events: Tech Meetup, Lunch 2.0, The Founders Roundtable, etc. and the emergence of Silicon Alley Insider (www.alleyinsider.com).

Silicon Alley Insider was created by Kevin Ryan and Dwight Merriman of DoubleClick fame. It covers the New York digital business community and is becoming increasingly influential. Its Silicon Alley 100 report on the 100 most influential people in the digital community in New York has been generating a lot of buzz (www.alleyinsider.com/sa100/).

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We thought it would be cool to let users display their listings on their profile page and use OLX without ever having to leave Facebook.

Given that OLX is functional rather than viral and fun, I don’t expect the application to be a huge success, but it’s a nice to have for all our users.

You can see the items I am selling on my profile page. Feel free to friend me.

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They are so incredibly cute :)

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It is the formidable character of the species to routinely seek the improbable, the difficult, even the impossible, as a source of pleasure and self-justification. Who would try to write poems, or novels, or paint pictures unless he is an optimist.
Lionel Tiger

The essence of optimism is that it takes no account of the present, but it is a source of inspiration, of vitality and hope where others have resigned; it enables a man to hold his head high, to claim the future for himself and not to abandon it to his enemy.
Dietrich Bonhoeffer

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You have to love the dry British humor :)

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