Evidence receipt / belief
Published · transcript-backedDan Hockenmaier: belief
9 Oct 2022 Lenny's Podcast Developing a growth model + marketplace growth strategy | Dan Hockenmaier (Faire, Thumbtack, Reforge)
“You're transacting with Open Door and so that's, in my mind, no longer a marketplace because you also eliminate some of the marketplace mechanics we were talking about a bit.”
Source trail
Everything needed to verify it.
- Speaker
- Dan Hockenmaier
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 9 Oct 2022
- Publisher
- Lenny's Podcast
Transcript context
…It's interesting to think about this event horizon for when a marketplace is no longer a marketplace. Is a simple way to think about that being when you own the supply, you're no longer a marketplace. When you don't own the supply, you are. Is that how you think about that? Yeah, that's a good mental [inaudible 01:02:37]. Perhaps another way to say owning a supply is when there's no longer a direct transaction between supply and demand. That's what Opendoor took out, for example. You're not transacting with the home seller. You're transacting with Open Door and so that's, in my mind, no longer a marketplace because you also eliminate some of the marketplace mechanics we were talking about a bit. Awesome. Dan, this has been incredible. I feel like we've achieved our goal of getting really deep into the weeds on growth models and marketplaces. Two final questions for you. Where can folks find you online if they want to learn more, reach out and how can listeners be useful to you?…
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