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

Andrew Chen

In an Inc interview in 2016, Craig Newmark reminisces on the early form of Craigslist – literally just an email list – and how he intuitively added product categories over time: Craigslist began with a single email in 1995–you simply shared interesting things going on in San Francisco. And I just kept listening.

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The red flags and magic numbers that investors look for in your startup’s metrics – 80 slide deck included!

Andrew Chen

Of course, as an investor you can’t run A/B tests or analyze results directly, but you can form hypotheses, ideate, and apply the same type of thinking. In 2016, the star rating on Uber’s rider app was low. Ecommerce companies often use push to advertise sales- no wonder the CTRs are low. stars, in fact.

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