Boso.com
Buy Or Sell Online – the first online student market place, is attracting thousands of students eager to buy or sell items – from textbooks to iPods – to its free listings website which is exclusively for students. Almost 3,000 students from 100 universities around Britain have turned their backs on commission-charging online auction sites such as Ebay and have, instead, chosen to buy or sell items at Boso.com which takes no commission on sales.
“Savvy students are flocking to Boso.com not only because we are free, but because our unique identity-assurance system means everyone is traceable and accountable. We are trustworthy, and have never received an email from a student complaining that they have been ripped off” explains Kulveer Taggar, the 24 year old co-founder of Boso.
Y Combinator, the Silicon Valley and Cambridge, Mass funder of hacker start-ups has invested in Boso and invited them to join its high profile West Coast incubator for start-ups. This is the first time that Y Combinator has supported a start-up outside the USA and is a significant indicator of the potential Y Combinator team see in Boso. Boso has now relocated to to Silicon Valley.
Kulveer has always made things happen. Whilst still in college at Oxford, he had already started property investing in Canada. He then went on to be a founding member and President of the Oxford Entrepreneurs society, the largest student entrepreneurship society in the UK. His first internet venture, boso.com, quickly grew into the largest online student marketplace in the UK. Upon graduation he worked as an Investment Banker with Deutsche Bank. However after developing an allergy to tailored suits and cufflinks, he moved out to San Francisco where he co-founded Auctomatic.