Recording of the Everything Marketplaces Group Chat #097 (5/10) with Pete Flint, who’s a General Partner at NFX. NFX is a is leading pre-seed & seed stage fund that focuses on marketplaces and has invested in the likes of DoorDash, Lyft, Poshmark, Outdoorsy, and more. Prior to NFX Pete was also the Founder & CEO of Trulia, which IPO’ed and merged with Zillow. Pete has some incredible operator and investor experience and is a top mind when it comes to marketplaces.

0:05 Intro
‍1:21 Pete's background
‍3:54 What led Pete to marketplaces
‍6:51 Key learnings from lastminute.com & Trulia
‍12:35 An overview of NFX as a leading seed stage marketplace fund
‍15:37 Investing in marketplaces at the pre-seed & seed stage
‍17:48 Navigating the downturn as a marketplace founder
‍27:41 Group Q&A on fintech-enabled marketplaces & embedded finance
‍32:38 Group Q&A on how to identify supply & demand shifts with economic downturns
‍37:46 Group Q&A on organic vs. paid growth for early stage marketplaces
‍42:07 Group Q&A on prioritizing SaaS tools & building network effects as a marketplace
‍44:05 Group Q&Q on how investors identify category defining founders & marketplaces
‍47:44 group Q&A on the questions Pete uses to evaluate founders
‍50:54 Group Q&A on opportunities for marketplaces during downturns
‍54:43 The future of marketplaces & what we might be talking about in the next few years

Pete on Twitter: https://www.twitter.com/peteflint
NFX: https://www.nfx.com
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‍Connect with Pete in the Everything Marketplaces community.