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While doing a social software startup that goes into the direction of a marketplace i noticed one thing: Social Startups are the hardest to do because they usu
by andreasklinger 15y ago
While doing a social software startup that goes into the direction of a marketplace i noticed one thing:
Social Startups are the hardest to do because they usually rely on the critical mass of interaction and network density within the community. Basicially you are relying on other people to do your job of creating content.
The only thing that is harder is doing an marketplace, because in a market place you not only need network density you also rely on them selling the content.
They usually have a high upside if they work. The problem is to get them to work. And for some reason they are highly attractive to first time founders - like me back then.
- manmal 15y agoOk, so it's the chicken-egg problem combined with too much schlepp. What do you think of marketplaces where, initially, the founders create all the content for sale?
- andreasklinger 15y agoMarketplaces are awesome startups and make a lot of sense. There are patterns to start right. Here is one of the best posts about it: http://blog.asmartbear.com/marketplace-business-model.html http://blog.asmartbear.com/marketplace-business-model.html (thx to @lfittl)
- keeptrying 15y agoHow many marketplace startups are started by first time founders? I am also doing a marketplace startup. I have validated the need but well We will never know till I launch. There is something about marketplaces that actually make them seem attractive.
- danhill 15y agoGreat post Andreas. Regarding marketplace startups, I put together a post yesterday about that side of things: http://danhilltech.tumblr.com/post/16293051293/at-crashpadder-weve-been-working-on-a http://danhilltech.tumblr.com/post/16293051293/at-crashpadde...