
This Multibillion-Dollar Startup Is Turning Tech Trash Into Gold
One morning last July, Thibaud Hug de Larauze lay his 2017 iPhone 8 Plus on the bed after giving his then 2-year-old her bottle. Seconds later, he heard a loud crash: She had grabbed his phone, toddled off with it, and there it was—back broken, front glass shattered, the frame bent—at the foot of a stone staircase in his 19th-century home in Bordeaux.
Many tech execs would’ve just ordered a new phone, but Hug de Larauze had other ideas. As co-founder and CEO of refurbished-tech marketplace Ba...