Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth
abovethecrowd.com
FEBRUARY 27, 2019
What started as a web site to trade laser pointers and Beanie Babies (the Pez dispenser start is quite literally a legend), today enables transactions of approximately $100B per year. In many cases, a deeper focus on a particular category or vertical allows these marketplaces to distinguish themselves from broader marketplaces like eBay.
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