![OfferUp](https://i0.wp.com/fintk2.com/wp-content/uploads/2016/08/OfferUp-e1471427826904.jpg?resize=636%2C381&ssl=1)
OfferUp, a marketplace for buying and selling various items, had less than $350 in reserves at one point, and employees were asked to work for equity. Now, however, the business is reportedly ready to raise a funding round at a $1.2 billion valuation.
GeekWire (8/12)