News Summary

• Hana Elster, a 22-year-old senior at Boston University, founded VYA, an online vintage marketplace.
• Elster: "I've always loved the idea of being your own boss and building something for yourself" VYA has 38 stores fully onboarded and roughly 900 approved users, of whom 50% are daily active users.
• To monetize it, she's charging a 7% commission per item sold, with an average price of about $350.
• "I don't know if I would've done it if I'd known I'd have to hire engineers and raise money," she says.