Recording of the Everything Marketplaces Group Chat #199 (9/9) with Matt Mickiewicz. Matt is a 3x marketplace founder and notably started 99designs, Hired, and Flippa. In addition to his founder experience, Matt is also an active advisor & investor.
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0:05 Intro
‍1:05 Matt's background
‍1:47 Matt's key marketplace learnings
‍4:50 What led to 99designs breaking through
‍6:44 Starting Hired
‍10:06 How Hired curated talent
‍10:45 How Hired raised $150M+ in capital to blitzscale
‍12:55 Managing growth with capital efficiency
‍15:26 Marketplace frequency & Average Order Value (AOV)
‍17:06 Marketplace disintermediation
‍19:44 How AI is impacting marketplaces
‍21:11 Opportunities to leverage AI with talent & hiring marketplaces
‍22:22 Common mistakes marketplace founders make
‍24:53 Group Q&A on evaluating marketplaces when investing
‍25:27 Group Q&A on managing quality with supply
‍27:01 Group Q&A on offering marketplace guarantees at 99designs & Hired
‍28:47 Group Q&A on category expansion for Hired
‍29:39 Group Q&A on marketplace search experiences
‍32:09 Parting marketplace advice
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Matt on Twitter/X: https://www.x.com/MattMickiewicz
Matt on LinkedIn: https://www.linkedin.com/in/mattmickiewicz
Mike (Yoroomie) on Twitter/X: https://www.x.com/yoroomie
Mike (Yoroomie) on LinkedIn: https://www.linkedin.com/in/yoroomie
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You can also find this group chat in audio format as an episode on our Everything Marketplaces podcast on Apple Podcasts and Spotify. You can also connect with marketplace founders & leaders from our group chats in the Everything Marketplaces community.