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saw that Jeff managed the team like a big family, he continued. was very caring. That the Nike Sneakers For Men Low Cut 2018

Schlicht grew up in Paradise, studied Nike Shoes Blue Girls

difficult, Schlicht said about giving up ownership of Auctiva. does feel like my first born. But I feel like I handing it off to a partner who is worthy of the trust. question that jumps immediately to mind when hearing about a Chico company being sold to a mega corporation, especially one as far away as China, is: Will it stay local?

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process of listing and managing all those listings was very laborious, explained Auctiva spokesman Robert Green. Being a software engineer, Schlicht himself a tool that would post to eBay. He wanted to reduce redundancies. Auctiva was born.

Auctiva has been so successful, in fact, that it the leading third party developer of tools on eBay and has some 170,000 clients. The company success attracted the attention of Chinese e commerce business Alibaba Group, which bought Auctiva last week.

Schlicht will remain as CEO of Auctiva, which now, incidentally, will be working alongside longtime competitor Vendio, which was bought by Alibaba in June. In addition, joining the Alibaba group of companies will add resources to the Auctiva coffers. For example, Green said, Auctiva has been primarily concerned with retailers reaching customers. In the future, it will be able to offer its retailers links to suppliers as well.

Actually, Auctiva isn all that little. With about 80 Nike Shoes Designed By Kanye West employees of them local, 20 in San Jose company, which helps sellers organize and present their listings on eBay, rakes in about $21 million a year.

When Jeff Schlicht was a teenager, he sold snow cones from his parents front yard in Paradise. Nike Shoes Tumblr 2017

computer science at Chico State and quickly shipped off to the Bay Area after getting a job with PeopleSoft. One lucky day, he came across an opportunity to buy a large quantity of coal that had been on the Titanic. True story.

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A few years later, Schlicht decided to bring his firm back to his home turf and set up shop in Chico. Fast forward to 2010, and the company of 80 people has joined a company of 18,000.

started out with 18 people. Today we have 18,000, Wei said by phone. still remember the early days. When we visited the Auctiva office, we felt that that our home as well. We have very similar DNA.

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´╗┐Auctiva sold to Chinese company

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most important part of our so called business model. added that one of the messages the Auctiva team responded most favorably to was Wei telling them that Alibaba has a lot of money, so rather than reaching out for efficiency it reaching out for good people.

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That the story everyone buzzing about in business circles. The story they not telling, though, is the bizarre way in which Schlicht created Auctiva.

With the huge success of the film Titanic at the time, he decided to sell the coal in small bundles on eBay, then just a small auction site.

Little did they know then that his entrepreneurial spirit would take him to CEO of his own startup, a little Chico company called Auctiva.

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have very, very close ties to the community, Green said. committed to staying here. Alibaba has indicated there no need, and no plans to move us. There will be no layoffs. Wei, CEO of Alibaba, agreed.

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