GMV

“Do we have good liquidity? And that is a necessary But not sufficient precursor to GMV and a whole bunch of other engagement metrics for a marketplace. So that's kind of what I always look at as first principles rather than just focusing on GMV.”

“The challenge with chasing GMV is that it actually points you away from that place of dominance. Like it points you in the wrong direction because oftentimes, or actually not even oftentimes, almost always, the fastest short-term path to maximizing GMV is to g…”

“For me, the metric of success winning is all about GMV. GMV is the sum sales of our sellers. How much did our sellers sell this year? That's different than our revenue. Our revenue is a subset of that, and our profit is a subset of our revenue. But our seller …”

“GMV is an output metric. As an operator, you want to focus on the input metrics, things that you can control.”

“We definitely, you know, don't look just at GMB, right? We look at Number of transactions, right? So number of sales as a more healthy metric, because that's an indicator of, are people able to sell the stuff that they want to sell in the marketplace? And then…”

“The metric that we look at the most is GMV.”

“I can tell you our GMV, since this AI transition grew like tremendously, I think it took us with kind of like the two years of COVID break, it took us probably five years to get to one and a half billion-ish, and it took us then less than yet at another billio…”

“When COVID hit and when you lose 98% of your GMV at, and it's a very first week of it”

“We believe in our business out of every 100 euros of GMV, we will be able to generate at least five euros of advertising money, which of course are almost Full margin, right?”

“We're now at two, no? So we're getting we're halfway more or less between two and three.”

“For a long time, we were very, very focused on GMV being the primary metric. That's total amount of sales being the primary metric that we were driving the experience to. And of course, it's an important metric. We want to create a service that is ultimately l…”

“I think whether it's literally GMV or not, I think there are plenty of folks getting benefits of revenue that make no sense. It's not even just lying or cynical. I think there's a lot of, I think investors to some extent don't care as long as the growth's ther…”

“You measure GMV, which is about eight billion last year, going to sixteen billion this year, and then they get a 12% take.”