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Tag: chicken-and-egg problem

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…

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