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Marketplace take rates factors
The take-rates of web2 giants are extortionate; web3 platforms offer fairer economic terms.
a16zcrypto.com • Introducing the 2022 State of Crypto Report
Marketplaces tend to revolve around their sellers. I’ve seen the difficulty of managing the hard side for rideshare firsthand. For Uber, in any given market, so-called power drivers constitute 20 percent of the supply but create 60 percent of the trips.
Andrew Chen • The Cold Start Problem: How to Start and Scale Network Effects
I recognize that many people in web3 see low take rates as a good thing. I do not. I am of the controversial opinion that businesses exist to make money and businesses that can simultaneously have high retention and high take rates are vastly superior.
Every • Crypto Has A Use Case
In other words, dominance in a market, not aggregate GMV across many markets, is the goal of any marketplace and ultimately what determines equity value.
Sarah Tavel • Food Delivery Wars: 3 Takeaways From The UberEats, Postmates, Grubhub, DoorDash Ecosystem—How It…
