BizSugar.com › Startups › Y Combinator startup Listia breaks the mold for giving free stuff away

Last week, Y Combinator debuted one of its new startups, Listia, which the site is describing as "auctions for free stuff". The basic concept is that users list items they no longer need or want, and other users bid on those items with points earned through the site by registering, referring friends, listing items or purchasing additional points through the site. For more information on how the site works, see Michael Arrington's [Techcrunch Review].

Listia is a novel concept and has a real shot and gaining traction for a few reasons in my opinion: