Startup Funding Espresso – Assessing a Marketplace

Assessing a Marketplace Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In setting up a marketplace business here are some key points to consider in choosing a potential marketplace. The marketplace business model provides an advantage for the buyer, the seller, or both. The more often the buyers and sellers use the platform -- daily, weekly monthly, or more -- the more valuable it will be. The higher the selling price the easier it will be to scale revenue. The more people who need the platform for either buying or selling, the larger the potential market size. The faster you can build the network, on either the buyer or seller side, the faster your platform can scale. The more fragmented the market, the more buyers and sellers will need the platform. The higher the growth rate of the market the greater the potential business. Look for these factors in selecting a sector for a marketplace business model. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.