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Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth

abovethecrowd.com

In 1999, Jack Ma created Alibaba , a Chinese-based B2B marketplace for connecting small and medium enterprise with potential export opportunities. In November 2011, David Rosenblatt took over as CEO and has been scaling the company ever since. Poshmark was founded by Manish Chandra in 2011. This is a major “unlocking.”.

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Denouement

View from Seed

2009-2011: Retrenchment. Roughly 18-24 months ago, people started to revisit the question of unit economics… what is the underlying profitability of a B2C transaction or a B2B SaaS contract once all the appropriate costs are factored in. 2020 and Beyond? We’re only a few months past Sequoia’s famous “R.I.P.

IPO 202
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Denouement

Agile VC

2009-2011: Retrenchment. Roughly 18-24 months ago, people started to revisit the question of unit economics… what is the underlying profitability of a B2C transaction or a B2B SaaS contract once all the appropriate costs are factored in. 2020 and Beyond? We’re only a few months past Sequoia’s famous “R.I.P.

IPO 100