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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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald