Great podcast with Bill Gurley being a guest on the Invest Like the Best.
Key takeaways from my end:
- In marketplaces in general, demand-side wins (it is not a challenge to go to the supply-side and say we can bring more business to you)
- If you capture 5% of the market, does it matter? (Mechanical Turks & Upwork as great examples)
- Marketplaces where opportunities are temporary vs. constantly looking for new opportunities (Open Table)
