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I’m trying to differentiate “market network” from “marketplace” and I’m not clear that the distinction is adjacent but instead the latter is a type of the forme
by dfee 8y ago
I’m trying to differentiate “market network” from “marketplace” and I’m not clear that the distinction is adjacent but instead the latter is a type of the former.
The question then becomes: if presenting on this to an investor, how would another investor defend the difference as being more than just a repackaged term?
- ddevjani 8y agoSame here. Seems like (someone correct me if I'm wrong) the "network" part is about how users can have profiles and use these profiles as their portfolio. So a network of people/ providers. Also, the SaaS part seems just thrown in there, like ketchup on French food.
- glenstein 8y ago>the "network" part is about how users can have profiles and use these profiles as their portfolio. I'm not necessarily sold on their premise, but the network part is about types of fields where professionals are not interchangeable, so relationships, vetting, recommendations, professional cooperation are important dynamics.
- hitekker 8y agoThe last time I heard this term used, was to obfuscate the value proposition is company that failed as a marketplace. Looks like the one described in the article will be dying soon.
- svp555 8y agoIt's a network model, where the interactions carry $$ value. Social network = connected nodes, each interaction is typically free (content) Market network = connected nodes, each interaction typically involves payment Marketplace = a forum for buyers and sellers (can be 2 sided, 3 sided etc..) Market network = an N-sided marketplace (thus it looks like a network)