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Lenny's Podcast: Product | Growth | Career cover image

How marketplaces win: Liquidity, growth levers, quality, and more | Benjamin Lauzier (Lyft, Thumbtack, Reforge)

Lenny's Podcast: Product | Growth | Career

NOTE

The Complexity of Service Marketplaces

Service marketplaces face unique challenges due to the variability of supply and demand. Electricians may have specific job preferences and availability, leading to an unpredictable supply dynamic. This inconsistency complicates matchmaking, as different service providers interpret demand in varied ways. Effective marketplaces require a relatively uniform set of needs and must facilitate a seamless connection between users to alleviate the effort involved in vetting options.

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