 | |
| Company type | Private |
|---|---|
| Founded | 2005 |
| Defunct | August 2021 |
| Fate | Dissolved |
| Headquarters | , United States |
Key people | David Chen, CEO |
| Services | Used electronics trade-ins |
| Revenue | $31.4 million (2012)[1] |
| Website | nextworth |
NextWorth Solutions, Inc., was an electronics trade-in and recycling service. Users of the service exchange used electronics for cash or discounts on newer models.[2] NextWorth was founded by business students at Babson College in 2005. It started as a commission-based service to help businesses setup online auctions for their used items, then changed its business model to focus on electronics trade-ins in 2006. As of late 2012, NextWorth was one of the best-known and largest electronics trade-in and recycling services in the United States, although it handles only a small percentage of total trade-in traffic.[3][4]
The Massachusetts Secretary of the Commonwealth had signed the company's certificate of dissolution in June 2019.[5] Although the company seemed to operate in some capacity for the next two years, NextWorth's website went dark in August 2021.[6]
- ^ Kirsner, Scott (July 6, 2014). "Market burgeons for pre-owned smartphones". The Boston Globe. Retrieved July 7, 2014.
- ^ "NextWorth". Retrieved 19 July 2023.
- ^ Dominguez, Robert (September 11, 2012). "Get the most for your iPhone 4s – before the new one drops". New York Daily News. Retrieved August 13, 2013.
- ^ Fottrell, Quentin (October 24, 2012). "iPad resales surge over 700%". MarketWatch. Retrieved August 13, 2013.
- ^ "NextWorth Solutions, Inc". OpenCorporates. n.d. Retrieved January 15, 2022.
- ^ "Home page". NextWorth. Archived from the original on August 21, 2021. Retrieved January 15, 2022. Compare with previous archive snapshot.