Chapter
Platform Fees and Building a Startup Without a Technical Co-Founder
18:52 - 22:56 (04:03)
The issue of platform fees and the need for a technical co-founder were concerns for prominent investors when the founder of a marketplace startup approached them. However, strategic decisions were made which eventually led to the success of the startup.
Clips
The founder of Tradesy reveals how she overcame the challenge of not having a technical co-founder by making a presentation for investors and going through Launchpad to attract a strong team, with her first few hires coming on board between July and October 2012.
18:52 - 22:01 (03:09)
Summary
The founder of Tradesy reveals how she overcame the challenge of not having a technical co-founder by making a presentation for investors and going through Launchpad to attract a strong team, with her first few hires coming on board between July and October 2012.
ChapterPlatform Fees and Building a Startup Without a Technical Co-Founder
EpisodeEp 31: Tracy DiNunzio (Part 2), Founder of Tradesy, on Rapid Growth and Rapid Learning
PodcastThe Tim Ferriss Show
By having a lower commission than its competitors, this resale marketplace avoided negative behaviors from sellers and established itself with a fair market value integrity.
22:02 - 22:56 (00:53)
Summary
By having a lower commission than its competitors, this resale marketplace avoided negative behaviors from sellers and established itself with a fair market value integrity. This decision became a key factor in its successful positioning.