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Online Marketplace: How to solve a chicken and egg problems for a marketplace like Uber? What is the best way to acquire demand side?
DK
DK
Dan Kurani, 3x entrepreneur, raised $8MM, product/user growth answered:

The best way to solve chicken and egg problems for marketplaces is to prove market need on each side independently first with a low-cost MVP-type test. Once you've proven the market on both sides with metrics it is much easier to leg in supply and demand with a strategic or enough funding to match a market on a local or niche level to ensure liquidity. For a deeper analysis, here is a post on medium that I wrote... http://bit.ly/1k2vYbY Also, feel free to schedule a call with me if you'd like to dig deeper.

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