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Yoroomie

@Yoroomie

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Founder of Everything Marketplaces ( @marketplaceshq ). Always working with & investing in marketplaces at

Los Angeles, CA
Joined August 2014
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@Yoroomie
Yoroomie
4 months
It looks like I have some new followers. For those that don't know me outside of posting about marketplaces, I'll intro myself here. I'm a marketplace founder (most recently Studiotime), now working with & investing in marketplaces. I started the Everything Marketplaces…
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@Yoroomie
Yoroomie
3 years
Love what a founder told me earlier today: "I bootstrapped to make mistakes and learn. I went on to raise venture capital when I was ready to capitalize on the lessons."
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@Yoroomie
Yoroomie
10 months
I’m excited to share some big news. Today we’re announcing Marketplace Capital ( @marketplacevc ), which is our new $10M venture fund for backing early stage marketplaces. Here’s more about it & why I’m so excited:
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@Yoroomie
Yoroomie
6 months
Every 2-3 months I spend some time rereading The Cold Start Problem by @andrewchen I've lost count of how many times I've done so by now, but I always have new notes & learnings from it every time I do. I highly recommend reading it if you're starting a marketplace, since it…
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@Yoroomie
Yoroomie
4 years
I just launched my first guide (or book), The Guide To No Code Marketplaces! It’s everything you need to know about building & running a no code marketplace. It’s years of experience, learnings, and insights packed into 30+ pages and completely FREE.
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@Yoroomie
Yoroomie
3 years
Using Twitter as a founder to listen to & value community feedback at its best. If @bchesky find time to do it while running @Airbnb , you can too.
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@Yoroomie
Yoroomie
4 years
Carrd ( @carrd ) is a simple, yet powerful no code tool. Here’s how I used it to build a niche community & site with resources that’s generated 5-figures in revenue 👇
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@Yoroomie
Yoroomie
3 years
Finally spending time diving into the new @stripe 1099 reporting integration for Connect accounts & have to say this is a game changer for marketplaces. The Payable acquisition & integration was such a great move by Stripe and both myself & other marketplace founders thank you.
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@Yoroomie
Yoroomie
2 years
The second edition of The Guide To No Code Marketplaces is now live! It's 50+ pages packed with everything you need to know about building, launching, & scaling a marketplace using no code. The best part is that I’m making it free.
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@Yoroomie
Yoroomie
6 months
If you're not paying attention, the @Airbnb product releases are a masterclass on how to roll out new features & updates while speaking directly to your users. Each release gets better, but the latest one with @bchesky speaking directly to hosts really raised the bar.…
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@Yoroomie
Yoroomie
11 months
"Our overnight success took 1,000 days." This quote by @bchesky is a great reminder for founders to not give up when starting a marketplace & it gets challenging.
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@Yoroomie
Yoroomie
4 years
Excited to finally share what I’ve been working on the past few months. Everything Marketplaces ( @marketplaceshq ) is a community for marketplace founders & operators. Today’s our big day & we just launched!
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@Yoroomie
Yoroomie
1 year
Who's building or working on a marketplace startup this weekend?
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@Yoroomie
Yoroomie
3 years
If you're a founder that's struggling, alone this Christmas evening, and need someone to talk to my DM's are open. I've been through a lot and while I'm not intending to give advice, I'm offering an open ear & someone to chat with during what might be tough times.
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@Yoroomie
Yoroomie
2 years
If I could go back to learn about one thing before starting a marketplace, it would be SEO. It sounded dated to me and wasn't the latest growth tactic though, so I overlooked it. After scaling a few marketplaces now, it's clear how important it usually is for growth.
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@Yoroomie
Yoroomie
3 years
Started using @webflow more and it might be my new favorite no code tool & platform.
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@Yoroomie
Yoroomie
1 year
Who's actively investing in early stage marketplace startups right now? Reply below if you are sharing stage, check size, & the best way for founders to reach you. Starting a thread to help marketplace founders raising right now.
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@Yoroomie
Yoroomie
1 year
Just backed an awesome marketplace founder by making my first $100k+ investment. Most of my previous investments have been smaller angel checks or through syndicates, so it feels good to be able to do more. Not only that, but this is through a new fund...more on that soon!
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@Yoroomie
Yoroomie
3 years
This is a really great resource for marketplace founders on the metrics needed to raise a Series A. From the @Initialized blog @AldaLeuDennis @garrytan
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@Yoroomie
Yoroomie
1 year
@sweatystartup Bump it up & get into a Pilatus. You’ll thank me.
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@Yoroomie
Yoroomie
2 years
Who's building or working on a marketplace startup this weekend?
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@Yoroomie
Yoroomie
3 years
Had a great chat with the @stripe Connect team today about no & low code marketplaces. I’m always impressed by their eagerness to hear from operators & get feedback on what they’re building. Excited for the future of no & low code marketplaces with payments becoming easier!
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@Yoroomie
Yoroomie
1 year
Who's building or working on a marketplace startup this weekend?
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@Yoroomie
Yoroomie
5 months
First-time marketplace founder: "What are some of the best ways to acquire supply, then demand that scale?" Second-time marketplace founder: "How can I get one side of the marketplace to invite the other?"
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@Yoroomie
Yoroomie
1 year
This is a great visual & resource by @rrhoover @weekendfund mapping out vertical labor marketplaces. The rise of vertical labor marketplaces is here.
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@Yoroomie
Yoroomie
1 year
@rrhoover Marketplaces
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@Yoroomie
Yoroomie
1 year
2+ years after first putting @bchesky on my bucket list for group chat guests, it looks like it's actually going to happen. We're working on scheduling this now, so I can't wait for what should be an incredible chat with Brian on marketplaces!
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@Yoroomie
Yoroomie
4 years
Building a business is hard. Getting help & support from others doing the same shouldn't be.
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@Yoroomie
Yoroomie
2 years
Spent some time rereading The Cold Start Problem by @andrewchen this weekend, which I couldn’t recommend more. This is the my 3rd copy, since I keep giving it to other marketplace founders.
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@Yoroomie
Yoroomie
2 years
How to stay humble: Start a marketplace
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@Yoroomie
Yoroomie
2 years
Another great top 100 marketplaces report by @a16z @future There are lots of changes, trends, & new breakouts with the wild year we've had in the world of marketplaces.
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@Yoroomie
Yoroomie
3 years
I’ve been heads down working on the new & improved Everything Marketplaces ( @marketplaceshq ) the past few months. I’m excited to finally share it today & for our big relaunch. Here’s what's new 👇
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@Yoroomie
Yoroomie
2 years
I'm going back to watch the recording again (5+ times now) from our recent group chat with John Armstrong from @ReibusInternat1 and there are so many incredible insights, learnings, & takeaways. This is a must watch for anyone building a B2B marketplace.
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@Yoroomie
Yoroomie
3 years
Startups are hard. Marketplace startups are harder.
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@Yoroomie
Yoroomie
2 years
I’m excited to share some big news today for the Everything Marketplaces ( @marketplaceshq ) community. We just launched our syndicate, so we can now back some of the incredible founders & marketplaces in the community with capital. Here’s more & why I’m so excited about it 👇
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@Yoroomie
Yoroomie
2 years
Every time I use @AngelList to send out a new syndicate deal, I'm reminded of how great the product experience is. A big thanks to the team for continuing to ship product that makes running a syndicate & backing awesome founders possible.
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@Yoroomie
Yoroomie
10 months
@rrhoover @Austen Coming soon, a marketplace for Starlink rentals
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@Yoroomie
Yoroomie
3 years
It’s amazing to realize that you can find YouTube tutorials, use no code, and build & launch a startup over the weekend.
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@Yoroomie
Yoroomie
2 years
Most of you know how much I love The Cold Start Problem by @andrewchen & that I've been sending copies to founders over the past few months. There are now 100+ more en route, which we'll be giving away to everyone at our marketplace meetup during #LATechWeek
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@Yoroomie
Yoroomie
2 years
@ChrisJBakke Knowing what to copy & paste is what makes you a 10x'er
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@Yoroomie
Yoroomie
3 years
What a year 2020 has been & I never thought that I'd start a community that would quickly grow to 425+ amazing marketplace founders & leaders. Here's a snapshot of our @marketplaceshq newsletter with a 2020 recap & first year in review that went out this morning.
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@Yoroomie
Yoroomie
4 months
Building a marketplace is like building a startup in hard mode.
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@Yoroomie
Yoroomie
3 years
One of the most challenging things about marketplaces is that they take time. Most stop doing the manual that's required to jumpstart them after a short period of time. If you keep going though, the reward when the flywheel kicks in makes it all worth it.
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@Yoroomie
Yoroomie
2 years
A few more copies of The Cold Start Problem arrived just in time for our marketplace meetup later today. Excited to hang & talk marketplaces with everyone soon!
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@Yoroomie
Yoroomie
2 years
Just a reminder that we've started investing in some amazing founders & marketplaces with the Everything Marketplaces ( @marketplaceshq ) syndicate. You can request to back & invest with us via @AngelList
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@Yoroomie
Yoroomie
3 years
Watched @garrytan YouTube tutorial for the best Zoom setup and decided to upgrade. Didn’t think I could get this excited about gear, but here we are!
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@Yoroomie
Yoroomie
2 years
I was just going through the latest @a16z marketplace 100 list again & it's cool to see how many we now have in the Everything Marketplaces ( @marketplaceshq ) community.
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@Yoroomie
Yoroomie
3 years
How to start a marketplace: Pre-2019 - learn how to code 2019/2020- use no code 2021 - start a community
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@Yoroomie
Yoroomie
8 months
@bchesky I keep saying it, but it's incredible to see how you've continued to not just speak with your users, but listen to them while operating at scale. You're setting the bar for what it's like to be a marketplace founder & also leading by example!
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@Yoroomie
Yoroomie
2 years
The unpopular truth: Getting initial traction with a marketplace in large part comes down to simply doing all the manual work it takes & not stopping.
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@Yoroomie
Yoroomie
2 years
What I wish I had known when I started my first startup: Founder market fit is as important as product market fit
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@Yoroomie
Yoroomie
2 years
This is a really helpful post by @omooretweets on the @a16z @future blog covering marketplace GMV retention. I'd highly suggest all marketplace founders reading as it goes into detail on why it's so important, how to measure it, benchmarks, & more.
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@Yoroomie
Yoroomie
3 years
Bootstrapping a startup is hard. Bootstrapping a marketplace startup is really hard.
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@Yoroomie
Yoroomie
3 years
There have been some really great posts & thoughts shared around the creator economy ( @ljin18 @briannekimmel @nbashaw ) Who's been sharing about & exploring the community economy?
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@Yoroomie
Yoroomie
1 year
Marketplace founders: If you're building a marketplace that helps people make extra income or businesses generate additional revenue, they'll probably need you even more in 2023. Keep this in mind if you need extra motivation right now.
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@Yoroomie
Yoroomie
3 years
Every interaction I have with the @stripe team & support is a reminder of what exceptional customer support is like. All of us in the startup world can take notes & learn from them.
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@Yoroomie
Yoroomie
1 year
A few things I would go back to tell myself when first starting a marketplace: 1. Building initial supply & demand is a manual process 2. Constrain more 3. Solve for the hard side 4. What works in one category or market might not work in others 5. Liquidity is what matters
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@Yoroomie
Yoroomie
3 years
How to start a niche marketplace: Build a thriving community first
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@Yoroomie
Yoroomie
3 years
1 year ago today I set up a Slack group, Twitter, and started Everything Marketplaces ( @marketplaceshq ) Since then, we’ve: -Grown to 550+ marketplace founders & leaders -Hosted 50+ chats & workshops -Helped founders raise -Built the go-to marketplace community & support network
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@Yoroomie
Yoroomie
3 years
@theSamParr Second this and if it were me I'd look into: @pipe and try to join @harryhurst @opensea and @xanderatallah @dfinzer @Hipcamp and @alyraz @faire_wholesale @grailed All are also incredible teams, so should have a great alumni network (i.e: PayPal Mafia) following
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@Yoroomie
Yoroomie
4 years
Cool seeing @CircleApp launch today & generating quite the interest. Looks like it has a lot of potential and can be added to the no code toolkit: Selling online @Shopify Marketplaces @sharetribe Community @CircleApp No code is on the rise & starting is getting easier!
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@Yoroomie
Yoroomie
1 year
@sweatystartup @ShaanVP said no small boy stuff
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@Yoroomie
Yoroomie
3 years
@andrewchen There’s so many awesome marketplace investors (that you prob know of) @angelatytran @fabricegrinda @b_nicks11 @MichaelDTam @lennysan @sollygarber @sarahtavel We’ve got a full directory with hundreds more + founder reviews in @marketplaceshq
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@Yoroomie
Yoroomie
1 year
Excited to finally share what I’ve been working on the past few months. Marketplace School is our new online course for the Everything Marketplaces ( @marketplaceshq ) community to help founders learn how to build, launch, & scale a marketplace startup.
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@Yoroomie
Yoroomie
11 months
I couldn't be more excited about the future for marketplaces. Who else feels the same?
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@Yoroomie
Yoroomie
11 months
A huge thanks to everyone that came out to our Marketplace Chat & Meetup for LA #TechWeek yesterday. Our special guests @andrewchen @omooretweets @azizkag drew a crowd of 125+ for a really awesome chat that we had on marketplaces. Here's a few pics & we'll be sharing more soon!
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@Yoroomie
Yoroomie
2 years
I’ll be in Miami this Wednesday for a few days. Who are some awesome marketplace founders or leaders I should meet with?
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@Yoroomie
Yoroomie
1 year
Are you a marketplace founder & fundraising right now? If so, reply below sharing more. I’d love to start a thread to help build up some visibility for those that are!
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@Yoroomie
Yoroomie
1 year
Never underestimate an early stage marketplace founder who deeply believes in & cares about what they’re building.
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@Yoroomie
Yoroomie
3 years
Want a playbook & predictably? Start a SaaS company. Want lots of new learnings & challenges? Start a marketplace.
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@Yoroomie
Yoroomie
3 years
From the outside marketplaces may seem like they're somewhat automated & easy to scale. When you operate one, you know how manual & operationally intense they actually are.
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@Yoroomie
Yoroomie
2 years
Marketplace predictions for 2022: -The rise of B2B marketplaces -Niche marketplaces start layering on financial services -Consumer marketplaces prioritize community -Increase in M&A -Web3 breaks the mold of how marketplaces typically build network effects
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@Yoroomie
Yoroomie
2 years
I've been busy & here's a few things I've recently launched for marketplaces: Marketplace guides & tutorials Co-founder match Investor database Jobs board + more coming soon
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@Yoroomie
Yoroomie
2 years
First-time marketplace founders often underestimate how much ops & support is usually required to scale a marketplace.
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@Yoroomie
Yoroomie
1 year
Marketplaces can be hard to get started, but are hard to stop once at scale.
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@Yoroomie
Yoroomie
4 years
Want to see some examples of live marketplaces that were built using no code? I made a directory of no code marketplaces that were built using @sharetribe @webflow and @bubble You can also see their tool stacks, integrations, and more.
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@Yoroomie
Yoroomie
2 years
Wow, we made it. We just crossed 1,000+ marketplace founders & leaders in the Everything Marketplaces ( @marketplaceshq ) community 🎉
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@Yoroomie
Yoroomie
1 year
We’re still in the early days when it comes to B2B marketplaces.
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@Yoroomie
Yoroomie
2 years
We just wrapped an incredible group chat this morning with @andrewchen and it was one for the books! There were so many great questions from marketplace founders & teams, but we couldn't get to them all. Starting a follow-up thread for Q&A with @andrewchen here 👇
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@Yoroomie
Yoroomie
3 months
Who's building or working on a marketplace startup this weekend?
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@Yoroomie
Yoroomie
4 years
What does the no code movement, the rise of the solo founder & entrepreneurship, and early-stage investing with @AngelList Syndicates & now Rolling Funds all have in common? They're all advancements that have (and are) facing opposition by some due to disrupting the norm.
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@Yoroomie
Yoroomie
3 years
I might be launching something on @ProductHunt tomorrow...
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@Yoroomie
Yoroomie
2 years
I’ve never regretted the decision to go niche when starting a marketplace. Looking back now, I would probably tell myself to go even more niche or narrow on a specific problem, market, & opportunity in the beginning.
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@Yoroomie
Yoroomie
2 years
Marketplace founders are my people
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@Yoroomie
Yoroomie
1 year
How to never get bored: Start a marketplace
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@Yoroomie
Yoroomie
1 year
2022 was the biggest year yet for the Everything Marketplaces community: -Launched our new community & resources -Grew to 1,500+ marketplace founders & teams -Hosted 125+ events -Had 10+ local meetups -$200M+ raised by community members + more This recap makes me really proud
@marketplaceshq
Everything Marketplaces (EM)
1 year
A very special edition ( #138 ) of our Everything Marketplaces newsletter just went out! We shared our 2022 Recap & Year In Review. Here's a preview sharing more:
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@Yoroomie
Yoroomie
1 year
@vivianmshen Focus on what matters. This is of course easier said than done!
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@Yoroomie
Yoroomie
3 years
@BarrySilbert @elonmusk breaking the internet in 3,2,1..
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@Yoroomie
Yoroomie
3 years
Lots of successful marketplaces have started with one insight: Understanding what people are searching for.
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@Yoroomie
Yoroomie
3 years
It's crazy to think that a year ago today I thought lockdown boredom was why I had just spent $18 on @GoDaddy to buy Less then a year later, I could never have imagined such an incredible community for those in marketplaces. Here's to the unexpected.
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@Yoroomie
Yoroomie
2 years
The more I use @webflow , the more I realize how awesome it is.
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@Yoroomie
Yoroomie
1 year
One of the reasons why I’ve always loved being a marketplace founder is that the feeling of the "0-1 stage" doesn’t go away, even as you scale. Expanding into new markets, categories, & even layering on services can feel like starting at the beginning again.
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@Yoroomie
Yoroomie
1 year
The future is more marketplaces. There are so many examples of really cool marketplaces being started shared in the replies to this. I also wouldn't be surprised if one (or more) turn into marketplaces that we start to hear more of soon.
@Yoroomie
Yoroomie
1 year
Who's building or working on a marketplace startup this weekend?
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@Yoroomie
Yoroomie
2 years
@Jason Just trying to get a Moncler or Loro Piana hat, but @DavidSacks @chamath are selling them out.
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@Yoroomie
Yoroomie
1 year
One of my favorite moments for the Everything Marketplaces ( @marketplaceshq ) community this past year was at our LA meetup seeing 140+ marketplace founders & leaders come together. My goal is to do more of these local meetups in 2023. What cities should we do them in?
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@Yoroomie
Yoroomie
3 years
First time marketplace founder: "This doesn't seem too hard" Repeat marketplace founder: "You have to be sort of crazy to start a marketplace"
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@Yoroomie
Yoroomie
3 years
Some of the next big marketplaces will start as communities
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@Yoroomie
Yoroomie
4 years
@Casey Only thing that could top today would be @elonmusk buying it back with @dogecoin
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@Yoroomie
Yoroomie
3 years
@ChrisJBakke Was waiting for 8 figures revenue: Notion for Enterprise
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@Yoroomie
Yoroomie
3 years
@patrickc @stripe A few on my wishlist: -Hosted checkout pages & management for subscriptions -More tax tools for Stripe Connect & marketplaces -More Radar functionality for earlier-stage marketplaces to access -More content & maybe workshops to help early-stage founders for Stripe Connect
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@Yoroomie
Yoroomie
2 years
How to start a marketplace in 2022 as a non-technical founder: Consumer marketplace- Start by building a community using @circleapp B2C/B2B marketplace- Use no code tools & platforms like @webflow @bubble @sharetribe The barriers to start a marketplace have been reduced
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