Fizz, the anonymous social app for Gen Z, introduces a marketplace for college students
Teddy Solomon recently moved to a new house in Palo Alto and turned to the Stanford community on Fizz to furnish his room.
“Every time I show up to buy something from somebody, I grill them about the marketplace, because I’m really curious about their experience,” Solomon, a co-founder of Fizz, shared. He was particularly excited about the $100 TV he bought from a grad student moving out for the summer.
“Did you tell him who you were?” asked Rakesh Mathur, the longtime entrepreneur and investor whom Solomon brought in as CEO of Fizz.
“Yeah, because I asked him like, 100 questions about the marketplace,” Solomon replied with a deadpan expression.
When the founders were first interviewed in 2022, Fizz was operating on about a dozen college campuses. Now, the anonymous social media platform, which creates separate communities for individual school campuses, has expanded to 240 college campuses and 60 high schools. The team has grown to 30 full-time staff members and 4,000 volunteer moderators across schools. Fizz has raised $41.5 million across multiple funding rounds, fueling its integration into campus culture.
Even in the early days, Solomon mentioned Fizz’s plans to open a marketplace where students can buy and sell items such as clothes, textbooks, and bikes. This feature caters to the frequent transactions college students make as they move between dorms and look to get some money back for their lightly used items.