GMV

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

“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…”

“So we just launched the payments process. Product last year. So the GMV that we have is about hundred and ninety million dollars.”

“School has, you know, we have thirty million users now. And you know, we have a billion plus GMV, like it's a very big platform.”

“I see the GMV being higher quality than usage-based fees, Because it tends to be, it depends on the business, but it tends to grow over time in a way that usage can be spiky and not grow as smoothly.”

“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…”

“If you're going to take a small percentage of GMV, or you're going to be ad-based, or you're going to need a million users in order to be viable, these are just not easily bootstrapable. I say they, in general, they aren't bootstrapable, but I suppose one in a…”

“We backed 204 companies through TinySeed, and I'm guessing there's like Maybe 20 or 30 that do this, you know, where they have, they take a cut of GMV in essence”

“So we turned on monetization three months ago, and in those last three months we've generated 300 K in GMV.”

“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.”

“We're doing, you know, probably at that time at least over a hundred million in, in, in GMV like in top line and, you know call it a 10 to 15% margin.”

“GMV is a power law based metric, and so it's really that power law that drives the success of each cohort.”

“Yeah, it's right. It's in the 30 to 40% range.”

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

“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…”

“Sometimes when you give people direction, you're like, okay, everybody just go get revenue, or, you know, everybody just go get GMV. And it seems obvious, because that's the thing you have to do, right, as a company. But there's only a few places where you're …”

“GMV is really actually a vanity metric. It doesn't get at the core of whether you're building enduring value. It's like very clear. And there's plenty of examples I could give where there are companies that had incredible scale and still were disrupted by a st…”

“So we turned on monetization three months ago, and in those last three months we've generated 300 K in GMV.”

“I think it will take like three years.”

“The vast majority of their revenue is actually not SaaS. They had a SaaS product, but they sold it entirely one time. It was a lifetime license, and most people would think that's not a very good business, not a very good idea, but because they were monetizing…”

“The largest e-commerce player in a market of two hundred twenty million in Pakistan right now maybe has two, three hundred million GMV.”

“And so there was a time, and this was back when Flipkart was growing like crazy. They really, really chased GMV. And so they sold a ton of mobile phones because it was a high GMV item.”

“GMV in some ways is almost a lagging indicator of all of these other kind of amazing things that marketplaces have built to make themselves ideally a sticky and highly retentive platform.”

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

“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…”

“We're doing somewhere around this year. It's going to be around fifteen million GMB, right? Across the whole thing.”

“So we're at almost half a million in GMV.”

“What I look for is the key metric, which is GMV and then the counterbalancing metric. And so in this case, we're looking to drive the most GMB. That's the main thing. Small creators, big creators all contribute to that, but obviously the big creators drive far…”

“And in e-commerce, by the way, it's kind of well known that a marketplace can squeeze out between 15 to 20% of GMV. As the ad tax.”

“So we're at almost half a million in GMV.”

“And so what I look for is the key metric, which is GMV and then the counterbalancing metric. And so in this case, we're looking to drive the most GMV. That's the main thing. Small creators, big creators all contribute to that, but obviously the big creators dr…”

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

“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 …”

“In terms of new projects on a short, around 25, but in terms of GMV, it was the best months we did around 330 thousand 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…”

“Last year, it did sixty billion dollars of GMV, gross marketplace value.”

“To give things into perspective, India was doing three billion dollars worth of GMV for the full year, while China on its 11 11 singles day did seven billion that year itself.”

“Growth rates we're growing between 50 and 70% month over month. So since we, you know, raised our round, we already grew like five X or something like that.”

“One to three percent.”

“Most of our customers are growing 25 to 40% in terms of GMV annually. Most of them are, you know, doing between two hundred and fifty and five million bucks a year.”

“The monetization strategy was based on, it was a per user based license structure when I joined. And we moved it to a GMV number of orders, whichever is higher, because we obviously do retail and wholesale. And we did that in January, 2017, and we saw our aver…”

“We're doing 10 X year and year at the moment.”

“So last month we had around 750 customers spent around 17,000 dollars on our platform.”

“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.”