5min chapter

ACQ2 by Acquired cover image

Marketplaces Deep Dive with Ramesh Johari

ACQ2 by Acquired

CHAPTER

How to Build a Market Place?

One way you could solve this problem is basically by subsidizing one side of the market to bring it on. Subsidies can amount to like giving away something for free, or literally be paying. If you use ebe and you had a good experience as a buyer, you're much more likely to go sell something on ebe in the future. When do you turn into a platform? I think that really happened when the data that you were collecting through the service was making you much smarter about both sides of thi market.

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