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Stay-healthy April everyone!

The Marketplace Snippet from Speedinvest x team is back. On the first Monday of each month you can expect a good dose of content on ⭐network effects, platforms, and marketplaces ⭐in your inbox. 

This newsletter is created by Magda from the Speedinvest x-Team. You can follow her on twitter here: @PosMagda
We hope you like it. If you have any suggestions, feedback or topics we should feature  👉hit reply 👈to let us know.

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This months focus: How to survive the Coronavirus crisis
As nearly a third of total world’s population is under lockdown now, we’d like to share a few selected resources to help you get through this challenging time:

More importantly, here are the resources that might help your company:
What we’ve been reading and listening to this month
Below you can find a selection of content that we’ve been reading and listening to this month. For your convenience and sanity, we have divided it into COVID-19 related and non-COVID-19 related content from investors and operators in the field of Network Effects.

Insights from marketplace operators:

Non-COVID-19 related:
  • 🐥How to solve the chicken and egg problem in marketplaces? How important is differentiated supply? How to prevent leakage? How to create marketplace defensibility and more - Listen to 20min VC with Alyssa Ravasio, founder & CEO of Hipcamp.
  • 🤳The story of Cameo, the on-demand personalised celebrities recording platform, that in less than three years, managed to nail the supply-and-demand-side liquidity through the “producer evangelism strategy”, which was described by Geoffrey G. Parker in Platform Revolution book.
  • 🎧Dan Hockenmaier, Casey Winters, and Lenny Rachitsky discuss in a Village Global podcast how marketplaces have evolved over the last several years, what are the possibilities for new vertical marketplaces and how to think about building liquidity in a marketplace.

COVID-19 related:
  • 🎤Former Chairman and CEO of Cisco John Chambers, shares invaluable learnings from navigating Cisco to unprecedented success through multiple major crises over 25 years. Interview with Matthew Jacobson from ICONIQ.
  • 🌎Gitlab, an all-remote company with over 1200 employees distributed across 65 counties, shares what they learned about working remotely over the years.
  • 🍝Deep into the red...read about the impact of the Coronavirus on the restaurant industry by Opentable.
  • 📚Coronavirus tech-handbook - a living list of resources & links from the tech community.
Insights from marketplace investors:

Non-COVID-19 related:
  • 💡Is there any white space left to build a consumer marketplace? “What so many people forget, however, is that many of our current incumbents actually disrupted the prior incumbents.” Sarah Tavel from Benchmark shares a great thought framework on how to approach it.
  • 🎯What are the types of service marketplaces and what makes them successful? Read about winning strategies for service marketplaces by Julia Morrongiello.
  • 📈When Networks meet SaaS - Sameer Singh discusses how startups can combine SaaS and network effects to gain structural advantages.
  • 🎧An update on Consumer & Enterprise – fantastic episode of Invest Like the Best in which Bill Gurley and Chetan Puttagunta share their knowledge about how to manage the current crisis, learnings from 2008/2009, how to adjust business value proposition and why you should model different scenarios.

COVID-19 related:

New $$$

  • 🎒Preply, online tutoring marketplace, raised $10M series A led by Hoxton Ventures to fuel growth in North America and Europe
  • ✒️Notion, workplace productivity platform, raised $50 million from Index Ventures and other investors at a $2 billion valuation
  • 🍔Hungry, a catering marketplace that connects businesses with independent chefs, raised a $20 million Series B led by Evolution VC Partners  and former Whole Foods co-CEO Walter Robb
  • 📷Run the World, a US-based platform that enables online events, raised $4.3 million in seed funding led by a16z. In Europe, Hopin, a London-based, remote live online events company, raised a $6.5M round led by Accel.

News from our Speedinvest x portfolio

Interesting marketplace folks we follow

  • Erik Torenberg - Co-founder of VillageGlobal, follow for thoughts about business models, interesting threads, and newest podcast releases
  • Jeff Jordan - General Partner at a16z, follow for first hand marketplace insights, and great resources 
  • Josh Breinlinger - Managing Partner Jackson Square Ventures, as per bio “Big on marketplaces” - follow for insights from ex entrepreneur and marketplace expertise

    For your convenience, follow our Twitter-list including new and previous additions.

Marketplace Conference update

As you know, due to the COVID-19 pandemics we had to postpone the San Francisco Marketplace Conference to the 27th May 2020. We are working hard on moving the event 100% online and still provide you with the best marketplace content out there! We will announce further details soon. Stay tuned!  

Please check out our website or Twitter @marketplaceconf for updates.

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