Have You Signed Up For MPC 2023? It’s Not Too Late!

Hot off the presses, this is the 45th edition of The Marketplace Snippet curated by Irene, Mathias and Jeroen on behalf of the Speedinvest Marketplaces & Consumer team 🔥

In this edition:

The Marketplace Conference Countdown
Shopify’s AAA Framework
The right time to build a Moat
The evolution of Product Market Fit

More on these topics and additional thought-provoking discussions below.

If you’ve missed past newsletters or simply can’t get enough, catch up on recent editions here.

The Marketplace Conference Countdown has Started: One Month To Go and Exciting News!

One month to go until our Marketplace Conference and we can’t wait to see you all there! We’ve been working hard to be able to offer you the best experience and we are very happy to be able to host so many great speakers on stage. We have so far confirmed speakers from funds including Index, Northzone and Battery Ventures, as well as founders of Turo, ACV Auctions and Flixbus and many others. Take a complete look at the first 10 announced speakers here 🚀

We are expecting more than 500 attendees for the day and we have planned an exciting agenda as well as several side events to give all of you the opportunity to make the most out of the day and network with all the great minds attending. If you don’t want to miss it, secure your tickets ASAP and make sure to save your spot for the leading event for marketplace founders, funders, and aficionados.

Don’t forget to use our exclusive 15% discount for snippet subscribers by adding SNIPPETREADERS_at_MPC_23 at checkout! 🔥

Insights From Marketplace Operators

Shopify’s AAA Responsibility Framework:

Lenny Rachitsky, Investor and former Product Lead at Airbnb, and Glen Coates, VP of Product at Shopify, share Shopify’s secret sauce to clarifying responsibilities on projects a.k.a. their AAA Framework: Aiming, Assembling and Achieving.

How to win the instant grocery market battle?

Abhi Ramesh, Founder & CEO of Misfits Market, thinks we surpassed the “roller coaster phase” and reached a normalization period and shares his insights on how to succeed in this sector and the key to driving unit economics.

Should you raise Venture money?

James Beshara, Investor and Founder of Magic Mind, discusses his life as a founder and shares his thoughts on when companies need venture backing, and when it might be a problem in this issue of Something New Podcast.

Insights From Marketplace Investors

The power of India’s B2B potential

Following India’s journey into Consumer Marketplace digitization, the country is set towards a unique inflection point for B2B models, fuelled by increased digital adoption, mature digital infrastructure, favourable regulatory policies, and a conducive cross-border environment, as analyzed by Investors at Bessemer Venture Partners.

Is it time to build a Moat?

Packy McCormick, Founder of Not Boring, shares his insights on why companies should worry about moats and how to understand if the timing is right.

The perennial struggle of Product Market Fit

David Thacker, Partner at Greylock, shares his advice to startups trying to tackle the search of product market fit and how to scale it overtime: focus, adjust, and adapt!

New Additions to the Speedinvest Family

Fairlyne is building the world’s first Resale-as-a-Service platform for the travel industry ✈️

We are excited to lead the $3M seed round, with participation from Evolem, Kima Ventures, and FJ Labs, and support the company in their mission to enable ticket resale in the travel industry.

News From Our Portfolio

CoachHub in Sifted’s B2B SaaS Rising 100

We are excited to see our portfolio company CoachHub in Sifted’s recent ranking of rising 100 business-to-business SaaS startups using a data-based methodology, together with many names from the Speedinvest portfolio such kevin., TWAICE, Yokoy and others.

Join Us!

We are always on the lookout for top-tier talent! Have a look at our open positions at Speedinvest and across our portfolio.

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Thanks for reading our newsletter this month and we hope you enjoyed this issue.

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