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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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus