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Joe Petsick, Co-Founder Proxibid (Innovating In Slow Moving Industries, Marketplace Startups)

Joe Petsick started Proxibid along with three other co-founders in 2001 before there was an easy way for auction houses to hold online auctions.

Within the first year they hit $1.5 million in inventory passing through Proxibid. By the time the company was acquired 18 years later, it was processing $6 billion per year.

Now Joe Petsick is the co-founder of Auctic, a company that builds private marketplaces for enterprise clients. He is also the Executive in Residence at University of Nebraska – Lincoln starting a new accelerator.