Remove A/B Testing Remove Events Remove Scaling
article thumbnail

How to build a billion dollar digital marketplace – examples from Uber, eBay, Craigslist, and more

Andrew Chen

In both the eBay and Uber examples, we see that you can start with a niche – whether that’s a geography or product line – and then quickly scale into a huge network of buyers and sellers. create a marketing strategy to scale the client base and increase visibility. Starting small, and what to do next.

article thumbnail

28 ways to grow supply in a marketplace — by Lenny Rachitsky, ex-Airbnb

Andrew Chen

As the number of homes on Airbnb scaled from around 100,000 in 2012 to over 6 million today, I led teams tackling everything from supply growth, to guest booking conversion, to marketplace quality. Once you reach scale, fraud becomes a real issue. Question: What’s the simplest way you can test a referrals offering? Cost : Small.

Retention 111
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Consumer startups are awesome, and here’s what I’m looking for at a16z (70 slide deck)

Andrew Chen

It has tracking codes so you can see how well it circulates, and you A/B test the whole thing to make sure it’s highly optimized to be viral and spread. The important, core concept here is simple: When there are new technologies and platforms hitting scale… … and products tap in pre-existing consumer motivations.

Media 100
article thumbnail

11 Awesome Patty McCord Quotes in Powerful about Building a Great Culture at Netflix

Get Lighthouse

So they let the data do the talking and ran an A/B test. When Patty McCord speaks at events or to executives, she's often asked about perks. Treating employees like teammates instead of family can be scary if you've never thought that way, but if you're scaling your business or making significant changes, you may have no choice.

Manager 98
article thumbnail

28 ways to grow supply in a marketplace — by Lenny Rachitsky, ex-Airbnb

Andrew Chen

As the number of homes on Airbnb scaled from around 100,000 in 2012 to over 6 million today, I led teams tackling everything from supply growth, to guest booking conversion, to marketplace quality. Once you reach scale, fraud becomes a real issue. Question: What’s the simplest way you can test a referrals offering? Cost : Small.

article thumbnail

Consumer startups are awesome, and here’s what I’m looking for at a16z (70 slide deck)

Andrew Chen

It has tracking codes so you can see how well it circulates, and you A/B test the whole thing to make sure it’s highly optimized to be viral and spread. The important, core concept here is simple: When there are new technologies and platforms hitting scale… … and products tap in pre-existing consumer motivations.

Media 40
article thumbnail

Market to Millennials by Getting Out of the Way

Harvard Business Review

It’s been several years now since this experience debuted and yet few have replicated a similar experience at this scale, despite its powerful appeal: the giver feels empowered for giving the item, and the taker feels the thrill of getting a surprise from a friend or stranger. This isn’t groundbreaking thinking.