Paperclip is a leading provider of university marketplaces in the UK, and is raising up to £300k to deepen it's presence and aiming to onboard over 70% of UK universities before the end of 2020.
The longer-term plan is to take on the likes of Shpock, eBay, Gumtree and Craigslist by providing a secondhand marketplace that competes on fees, accessibility, and security.
We'll aim to do this by onboarding as many universities and corporate communities as possible over the next 12-24 months while introducing cross-pollination between marketplaces (ie. Oxford students selling to Cambridge students), before consolidating them all onto our open marketplace (ie. Oxford and Cambridge students selling to the rest of the world).
This means we would be effectively taking on incumbents from the top-down instead of from the bottom-up, by onboarding communities instead of individuals.