S3E03 - What turns a good marketplace into a great marketplace? - Andrew Blachman (Marketplace Capital)

In this episode, Andrew Blachman, co-founder of Marketplace Capital, shares his wealth of experience in building and investing in online marketplaces. As an operator turned investor, he reveals valuable insights for aspiring marketplace founders.Highlights:

• The importance of creating new market opportunities: Andrew explains how successful marketplaces unlock new supply or demand that didn’t exist before, like Airbnb did for short-term rentals.
• Why building traction before raising capital is key: He shares advice on how to validate your marketplace idea and gain traction without relying on funding too early.
• The impact of AI on the future of marketplaces: Andrew discusses how AI can enhance marketplace experiences, making connections more efficient and improving customer satisfaction.