NFX - Nearly all of the value in technology companies is created in the out-years, long after you start. But you can only capture the value in the long term if you design for durability from day one.. Read it here
In this piece, Julian Lehr challenges the way people think about the power of network effects, introducing the concept of “Thinking in layers,” and the power of defaults Link here
Marketplace Pulse has an interesting year end review for marketplaces (mostlu US and Amazon) 2021 . Link here
Lenny has an interesting story on Facebook Marketplace - Link here
This ends my Marketplace Newsletter for this week. Let me know if there are any questions or news/insights worth mentioning in the next newsletter