Remove A/B Testing Remove Revenue Remove Sales Remove Travel
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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 travel is intensive. Then people asked if I could pass on a post about a job or something for sale. Today, Craigslist in over 57,000 cities, generating $700M in revenue per year (on job listings fees!)

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

Andrew Chen

affordable and unique travel experiences for guests, and great income for hosts. Question: What’s the simplest way you can test a referrals offering? Tactic #4: Run direct sales. To launch a city, we’d travel there and hold a meetup. Converting travelers to hosts definitely moved the needle when we launched a new market.

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What to look for when you’re hiring a Head of Growth

Andrew Chen

Growing your startup’s users and revenue is so critical that it makes sense to hire someone to run it, and to potentially add a team underneath them to support this goal. Similarly, product folks from highly quantitative categories like travel, games, and marketplaces tend to do well. It’s asked often for good reason.

Scaling 82
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28 ways to grow supply in a marketplace — by Lenny Rachitsky, ex-Airbnb

Andrew Chen

affordable and unique travel experiences for guests, and great income for hosts. Question: What’s the simplest way you can test a referrals offering? Tactic #4: Run direct sales. To launch a city, we’d travel there and hold a meetup. Converting travelers to hosts definitely moved the needle when we launched a new market.

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a16z Podcast: Why paid marketing sucks, Network effects, Viral Growth, and more

Andrew Chen

So not revenue per CAC is that you know typically there’s cost associated to user. The OTA sites (online travel agencies – Priceline and Expedia) just spends, you know, they spend a GDP of many large countries in their acquisition; and then it’s often a tactic in some good business. Travel’s a similar thing.