Online Marketplace

online marketplace highlights

“ First : an open square or place in a town where markets or public sales are

held. Secondary

: a sphere in which intangible values compete for acceptance.*”

*To bring the business definition up to 2015 terminology, assume sphere means platform; compete includes a buyer and seller (demand and supply); and intangible values can be tangible goods as well. Source: http://500.co/marketplace-startup-mistakes

3

the classic chicken

egg problem

I did?

The technology has no value unless buyers and sellers are present and you can’t get the buyers on board unless you have sellers and you can’t bring in sellers without having buyers

4

WTF?

Focus on liquidity not just user growth

5

Dig it! $

build trust

Love

Content quality, like airbnb

7

Duygu Ozen @duyguozen_ www.bloset.com Founder

"To make a difference in someone's life, you don't have to be rich, brilliant, beautiful or

perfect. You just have to care enough and be

there."