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User Generated Content Platforms

topic on 1 show · 1 statements across 1 episodes

20VC

1 statements about User Generated Content Platforms, every show

20VC Insight
Tavel: UGC platforms are marketplaces where users trade time, not money
“And it is a marketplace, except that the buyer is using their time Instead of their money to buy, that's what they're giving into your system and giving to the supply side.”
Sarah Tavel Nov 23, 2020 ▶ 25:14 20VC: Benchmark's Sarah Tavel on Why Chasing GMV Will Lead To The Wrong Direction, The 2 Crucial Tipping Points For Marketplace Adoption, Why UGC Plays Are Like Marketplaces & How To Determine Between Existential and Non-Existential Risk

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