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

Andrew Chen

Since the 2014 article, Uber has blown past his estimate by 10X, with top line revenues to support it. The reason the estimate was so off, as investor Bill Gurley pointed out , is that Uber goes beyond taxi use cases and grows the market substantially by unlocking many new categories of transportation. with just 50 employees.

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Performance Improvement Plan Template & Guide [Free Download]

AIHR

PIPs can distract from the regular workflow: However, the long-term productivity gains of correcting performance and identifying and aligning where there may be gaps in what an employee thinks their role is versus what management expects can be enormous. PIPs take time to design, implement and follow and they distract from regular workflows.

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Employee Onboarding: All You Need To Know

AIHR

In other words, committed and productive employees enable organizations to grow their revenue and increase employee satisfaction. If there is an independent IT department, this may be a separate workflow. Implement new, suitable ways of working into those existing workflows. The average time to productivity is 28 weeks.

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

Andrew Chen

While both consumer marketplaces are very different — one is a city-by-city transportation service, the other a global network of homes — they also share a lot of similarities too: Both were founded within a year of each other, quickly found network effects, made major design innovations that made the consumer experience 10X better, and much more.

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Organizational Development: Theories on Organizational Change

Walk Me

The changes asked of team members can be small, such as moving to new workflow software or keeping digital records of their project progress. This action involves ongoing improvement to reduce costs and increase revenue to allow more significant profits, all directed by qualitative and quantitative metrics and analysis.

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

Andrew Chen

While both consumer marketplaces are very different — one is a city-by-city transportation service, the other a global network of homes — they also share a lot of similarities too: Both were founded within a year of each other, quickly found network effects, made major design innovations that made the consumer experience 10X better, and much more.

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Centralized HR: When and How (Not) To Implement It

AIHR

Start here: Evaluate the maturity of your HR processes by auditing current workflows, policies, and compliance measures to identify gaps. revenue-generating divisions) and align their goals with the units objectives. Over time, additional functions can transition to the hubs as they become standardized.