Following Coinbase’s successful IPO, CEO Brian Armstrong took to Twitter to outline his journey, which all started with reading the Satoshi whitepaper in 2010. This unlocked a passion for crypto and it’s potential to increase global economic freedom.
There are many different ways a product can spread, from offline word of mouth to incentivised invites. This post explores how each of these methods can be used to increase the (virality) K-factor. Twitter summary here.
Consumer marketplaces have become relatively mature, but wholesale marketplaces are just getting started. Their biggest challenge is how to add value in the face of long-standing business relationships. Here are 3 strategies.
Great post by Aurore Falque-Pierrotin at Samaipata on how to use data network effects to help build a defensible moat. Data network effects are when a product’s value grows as a result of more usage via the accumulation of data.
In the face of different languages and cultural norms, European startups face additional challenges than those in the USA and China. Sameer Singh on why European social media startups should prioritise networks that allow users to create close, one-to-one connections.
Back by popular demand: How to Ace Your Marketplace Fundraise!
Join our Philip Specht, Mathias Ockenfels and Julian Blessin for a live Zoom session on 27th May. Register here.
The Runway Series Summit - 3 days of live talks & podcasts on the latest in startup land and innovation, with guest speakers including our own Mathias Ockenfels, on 1st-3rd June (use promo code RsSbb8 to enjoy a 33% discount)
The Network Effects Course - 3-week long workshop-style course from the creator of the Breadcrumb.vc, on 17th May - 4th June (for a 5% discount, select ‘referred from The Marketplace Snippet’ in the registration form)
We hope you enjoyed this issue, brought to you by Alexandra on behalf of the Speedinvest Network Effects team ✌️
Comments, questions, tips, feedback? Give us a thumbs-up or thumbs-down below, we look forward to hearing from you!
The Speedinvest Network Effects team invests in SaaS-enabled platforms and marketplaces and other Network Effects-driven businesses where the value of a product increases with every new user. Enabled by new technologies in areas we cannot even imagine today, the team believes these are the businesses that will continue to revolutionize the world.