Data Scientist, ThredUp
Marketplace Optimization
$166-187k
Opportunity to own shares of ThredUp stock & Eligible for discretionary restricted stock unit awards
More information about location
3 days a week in office (Oakland, CA)
Fashion resale platform
Job no longer available
Fashion resale platform
501-1000 employees
Job no longer available
$166-187k
Opportunity to own shares of ThredUp stock & Eligible for discretionary restricted stock unit awards
More information about location
3 days a week in office (Oakland, CA)
501-1000 employees
Company mission
To inspire a new generation to think secondhand first.
Role
Who you are
- 5 or more years of demonstrated ability as part of a data science, product analytics, machine learning, or software development team
- Experience working with business and product leads; strong cross-functional communication skills that help push projects forward and encourage the development of new collaborations
- Innate curiosity and drive to find insights that unlock new growth or efficiency - you can’t help but dig in and seek the truth
- Well-rounded skill set in statistics, machine learning, software development, and project management
- Advanced knowledge of SQL and Python, and experience writing code in a collaborative environment
- Prior experience working with marketplaces and/or a relevant background in economics or operations research
What the job involves
- We are seeking a curious and creative data scientist to join our team to drive critical marketplace pricing decisions and strategy
- You will be working with a highly interdisciplinary team of data scientists, software engineers, product managers, and marketers
- This role will involve building and refining pricing and promotions algorithms that drive our growth, deriving insights from our wealth of customer and inventory data, and partnering with internal teams to evolve and grow the ThredUp marketplace
- Implement end-to-end algorithmic solutions to drive marketing and product decisions
- Utilize econometric methods including causal inference to forecast market behaviors and identify revenue-maximizing opportunities
- Collaborate on pricing and promotional strategies to provide great customer value while generating business impact
- Participate in our knowledge-sharing culture by spreading best practices and learnings from prior experiences, helping the entire team level up
- Improve our data systems and tooling to continually increase our analysis efficiency and data access across the company
- Work with other engineers and data scientists to design, code, and deploy data science and machine learning solutions across the product and business landscape
- 4-day work week, with Fridays off
Our take
Over 40% of Gen Z consumers claim to have bought used clothing as opposed to 20% of Gen X and Boomers. Yet, despite this change in fashion trends, consumers must often rely on brick-and-mortar thrift stores and unregulated second-hand eCommerce marketplaces in order to access to find pre-owned clothing.
ThredUp provides an online marketplace for the buying and selling of secondhand fashionwear, offering affordable prices on discount clothing whilst promising a regulated and consistent approach to quality and cleanliness standards. The company acquires its clothing through sellers sending packages of clothing, which the company then sifts through to decide what is sellable and what should be returned.
The company went public in 2021 and immediately acquired Remix, a European second-hand fashion outlet, as part of its international expansion plans. It has however struggled to achieve profitability thanks to global economic turmoil and a glut of new clothing in the fashion industry causing prices to drop sharply. It is focusing on reducing its operating costs and expanding its storage capacity, and is expected by analysts to weather the current conditions in good form.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
0% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Aug 2019
$100m
SERIES F
Sep 2015
$81m
SERIES E
Total funding: $232.9m
Company benefits
- Competitive salary (we leverage market data) + stock
- Employee stock purchase plan
- Flexible PTO (take the time you need) + 13 company holidays (US offices)
- Paid Sabbatical after 3 years of full time employment
- Generous paid parental leave for new mothers and fathers
- Medical, dental, vision, 401k, life and disability insurance offered
Company values
- Transparency
- SpeakingUP
- Thinking Big
- Infinite Learning
- Influencing Outcomes
- Seeking the Truth
Company HQ
Old Oakland, Oakland, CA
Articles
Leadership
James Reinhart
(CEO)Has an MBA from Harvard Business School and started out in teaching. Also co-founded the Beacon Education Network.
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