Frents is a unique platform that combines the functionality of a marketplace and a social network, enabling lending and borrowing among friends and neighbors. Tired of not being able to use certain items simply because they don't own them, the founders developed the idea for frents in 2007. Recognizing the potential to elegantly solve this problem by connecting lenders and borrowers through a social network, they built frents and gained the support of over 20,000 users and business angels.

However, they also realized that the problem they were addressing was not significant enough in their immediate surroundings, prompting them to shut down the platform after 10 years. During this time, they gained valuable experience that they have since utilized in other ventures, such as Styla. com and the Berlin Chapter of the Idea Stage Accelerators Founder Institute.

Looking ahead, frents believes in the importance of consciously and efficiently utilizing resources, and they welcome contact from ambitious entrepreneurs interested in creating platforms that support this mission. Join their story now!