In this Business Breakdown, David Barbato and Jamil Tahir sit down with 1Stdibs’ (DIBS) Chairman/CEO, David Rosenblatt.

This discussion took place live on May 11th, 2026, on the MicroCapClub Community. Join MicroCapClub and unlock the ability to listen and participate live in these discussions - https://microcapclub.com/#join

David Rosenblatt is CEO and Chairman of 1stDibs, the curated online marketplace for one-of-a-kind design objects across vintage and antique furniture, jewelry, art, and fashion. He joined the company in 2011 after running DoubleClick, which he sold to Google, and previously served on the boards of Twitter and IAC. He took 1stDibs public on the NASDAQ in 2021.

In this Business Breakdown, David walks through the cost restructuring that delivered two straight quarters of adjusted EBITDA positivity, why he rebalanced spend from paid marketing into product and engineering, and how AI is reshaping the buyer experience across search, pricing, and shipping. He also discusses 1stDibs' roughly $40 million buyback history, M&A discipline, and the live-event sponsorship business he's building in advertising.

✉️ Share your feedback - david@microcapclub.com

✉️ David’s X (Twitter) - https://x.com/Valuehunte

Chapters

00:00 Introduction and Guest Background

02:10 Founding and Evolution of 1stDibs

04:23 1stDibs' Impact in the Design Industry

07:00 Growth Strategies and Market Expansion

08:29 Public Listing and Market Challenges

09:27 Market Opportunity and Industry Adoption

10:00 Business Model and Revenue Streams

11:22 Seller and Buyer Dynamics

12:49 Customer Valuations and High-Value Transactions

14:12 Advertising and Monetization Strategies

16:07 Key Company Metrics and Financials

18:34 Product Categories and Market Focus

20:26 Future Growth and Market Potential

25:35 AI Integration and Product Roadmap

28:17 Operational Improvements and Cost Management

30:09 Influencer and Social Media Strategies

32:18 Competitive Landscape and Acquisition Opportunities

39:12 Long-term Market Outlook and Aspirations

42:30 Customer Acquisition and Marketing Efficiency

45:33 Experimentation and Innovation in Pricing

48:35 Advertising and Sponsorship Opportunities

51:27 Marketing Channels and Customer Engagement

52:44 Revenue Growth and Take Rate Dynamics

54:10 Closing Remarks and Future Outlook

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