But Szulczewski seems unfazed by the quality-control challenge, pointing out that sometimes customers themselves are the problem.
He was 11 when the Soviet Union collapsed and his parents moved to Waterloo, Canada, which is about 70 miles west of Toronto and home to an excellent research university. He attended the University of Waterloo , which also counts the founders of Kik Interactive and Instacart as former students. The two played soccer together—Zhang was so good he had briefly considered turning pro—and became friends. The year-old Polish-born former Google engineer is obsessed with ordinary folks' finances and has used that obsession to tailor an e-commerce marketplace for them.
He lived in a three-bedroom house in Palo Alto with three other interns, churning out code by day and pumping iron at night. Once he became a full-time Google employee, Szulczewski wrote the prototype algorithms for keyword expansion, a feature Google sold to early advertisers to help them expand the number of search terms they could show their ads against.
Former Google colleague Mark Rabkin remembers debating the point with Szulczewski when he visited. Szulczewski left Google in with enough savings to see him through the next two years. Wish's open-door policy meant that sales were taking off, but so were quality-control problems—which is somewhat inevitable when you have one million registered merchants.
They toyed with building an ad business, then had lunch in San Francisco with Yang and the venture capital investor Joe Lonsdale to brainstorm bigger business ideas. E-commerce and mobile kept coming up. More people were using smartphones, but few were shopping on them.
Yang was skeptical. Amazon was already 17 years old and well established. Wish, an online marketplace known for selling cheap Chinese goods, filed to go public on Friday.
The e-commerce startup, founded in , joins a host of other tech companies filing for a public listing, including Airbnb, DoorDash, and Roblox. Visit Business Insider's homepage for more stories. Get a daily selection of our top stories based on your reading preferences.
Loading Something is loading. Email address. Sign up for notifications from Insider! Over million items are available on the Wish store, the majority of which are from China. While Wish still has a certain stigma attached to it, it draws in a considerable crowd. Amazon has for over a decade built a delivery platform so sophisticated it can reach anyone in less than two days, on Wish, customers typically wait over two weeks for their package to arrive.
What sounds inconceivable is actually a smart piece of business. Not every package needs to arrive in a day and Wish has built an ecosystem of items people want, not need. The app lends itself well to scrolling, like a social network, far different to Amazon where the customer usually searches for a specific item.
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