Listia Raises Cash from Andreessen Horowitz for Bartering Marketplace

Listia has raised a round of funding totaling $1.75 million, led by Andreessen Horowitz. Others participating include: SV Angel, Founder Collective, High Line Venture Partners, Max Levchin, Naval Ravikant, Alex Zubillaga, James Hong and others. The company’s marketplace essentially allows people to barter, handing out credits when you give something away that can be cashed in to buy something for free. The funding will be used to hire developers and to continue a move into mobile that includes the recent release of an iPhone app.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work