Hi, it’s Colin from Take Rate. Welcome! I started this newsletter to share startup and marketplace advice for operators by operators. Content is best shared with others, so feel free to share, and if you have any questions, leave them in the comments below!
Welcome to the first edition of the Marketplace Memo. My goal is to share curated news, content, and stories I am seeing related to marketplaces with a splash of color from me. Please enjoy and share with others!
Not too bad for a company that ~15 years ago was hailing a few black cars in San Francisco. Now it is moving the entire population concurrently. This is why I love consumer marketplaces so much, they have the potential to touch everyone in the world and create entirely new economies.
“You can buy your next Hyundai car on Amazon in these 48 US cities” - It was only a matter of time before Amazon expanded into this vertical but it is interesting to see how they do it and navigate dealership laws. The big question is if they will ever get into used autos. Link