That's sketchy that they were holding funds like that. I think it really hurt them PR-wise, there are raging complaints all over the internet about how slow they pay. It has become my least favorite place to sell now because of the slow payouts. I'd rather my items sell on ebay or poshmark, but I don't want to remove my tradesy listings because I'd rather have them sell there than not at all.Like they were holding funds to the max at the end of the year to improve the bottom line, now they eased it a little. I wonder if they met the goal to become profitable in 2017?
I know RealReal is doing really well, items are sold out in no time and lots of new inventory every day.
As for the Real Real, they are growing a lot but at least as of 6 months ago they hadn't hit profitability yet; they are focusing still on growth and taking in more venture capital.
https://techcrunch.com/2017/06/06/the-realreal-ropes-in-50-million-in-new-funding/