What’s going on? Reddit made the biggest social media IPO in years. What does this mean? Why should I care? The bigger picture: The IPO market is back Zooming out: It’s just another drop of water Content source: 1. Finimize (2024) Reddit’s Credit. Available at: https://www.go.finimize.com/wp/news/reddits-credit/ [Accessed on Mar 31, 2024]
Tag: Business
Journal Report 18: How to Kickstart and Scale a Marketplace Business (2) – Phase 1: 🐣 Crack the Chicken-and-Egg Problem
Once a marketplace business is operating, supply happily serves demand. However, when your marketplace is just getting started, you must convince one side of the marketplace to commit before the other side. This is known as the “chicken-and-egg problem”, and solving it is one of the biggest barriers to launching a marketplace business. Below are…
Journal Report 17: How to Kickstart and Scale a Marketplace Business (1)
How to Kickstart and Scale a Marketplace Business Phase 1: Crack the chicken-and-egg problem Part 1: Constrain the marketplace Part 2: Decide which side of the marketplace to concentrate on Part 3: Drive initial supply Part 4: Drive initial demand Phase 2: Scale your marketplace Part 1: Determine if you are supply or demand constrained…
