The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: How To Solve The Chicken and Egg Problem in Marketplaces? How Important Is Differentiated Supply? How To Prevent Leakage? How to Create Marketplace Defensibility and more with Alyssa Ravasio, Founder & CEO @ Hipcamp

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Mar 27, 2020
Alyssa Ravasio, Founder and CEO of Hipcamp, shares her journey from the US State Department to revolutionizing outdoor experiences through unique camping bookings. She discusses tackling the chicken and egg problem startups face and emphasizes the need for differentiated supply in marketplaces. Alyssa reflects on her evolution as a CEO, the psychological challenges of leadership, and the importance of strategic partnerships. She also highlights innovative approaches to creating defensibility and fostering community within her growing platform.
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ANECDOTE

Hipcamp's Origin

  • Alyssa Ravasio's passion for the outdoors and the internet led her to found Hipcamp.
  • She combined these interests to create a platform that makes it easier for people to experience nature.
ADVICE

Fundraising Strategy

  • Focus on building a business that doesn't critically need funding but can benefit from it.
  • This approach allows for thoughtful selection of investors.
ADVICE

Supply Ownership

  • Owning your supply is crucial, especially in marketplaces.
  • It lets you control the customer experience and build a strong brand.
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