Multiple outlets describe how a livestream auction startup founded by two friends is generating strong revenue. Fortune and Yahoo News report that cofounders Abhinavan Thanendran and Neil Shah, who previously worked together as “work buddies,” have built the company into a venture valued at more than $50 million, according to the coverage. The articles say the founders credit the app’s format and engagement with helping sellers and bidders participate quickly and compete in real time.
Fortune and Yahoo News also highlight reported earnings figures associated with the app’s Gen Z user base, citing a figure of about $260,000 per month from livestream auction activity. The coverage frames the trend as a fast path from starting out to producing significant monthly income for some participants. Both sources focus on the startup’s growth trajectory and the founders’ background, presenting the livestream model as a driver of participation and sales.
The articles present these figures as part of the company’s reported momentum and user outcomes, without detailing broader market context or independent verification of all earnings claims.
