The On Demand Economy
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jeremiahCommunity member
Autoplay OFF  •  2 years ago
What you need to know

The On Demand Economy

What founders need to know

On-Demand vs. Marketplace

In ondemand, you interface with the company and don’t choose the person helping you.

The brand gets the credit and the blame

In a marketplace, individuals get blamed if things go wrong

Unit Economics = IMPORTANT

Not every industry can support an on-demand economy. The costs for on-demand are higher and the company needs to make money.

Homejoy: Example of failed unit economics

Homejoy lost money on transactions and failed to retain users.

It's a land grab

While it’s unclear if ondemand economies are winner take all, getting to scale and controlling the marketplace is extremely important.

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