The Evolution of Online Marketplaces and Startups

[chris]

A nice write up about online marketplaces, and great to see quite a few Aussie's in the list! Afternic, Flippa and Sedo also get a mention, as examples of person-to-person marketplaces.

Online marketplaces, also known as platform companies, are sprouting up everywhere and redefining business in every industry. “The Uber of ….” has become shorthand for tech startups looking to redefine the way everything is delivered, from legal services (Sydney-based LawPath) to Package deliveries (San Francisco-based Doorman), to Lottery services (Gibraltar-based Lottoland).

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There are currently 5,723 early stage private online marketplace companies listed on AngelList the leading online marketplace for investors in early stage technology startups. The average valuation is US$4.5 million - so that is about US$25 billion worth of early stage startups in this area.

Very interesting reading: https://theconversation.com/why-startup-investors-love-online-marketplaces-54483