How Billion Dollar Marketplaces Are Built

Re:How Billion Dollar Marketplaces Are Built by nrp on Sunday January 05, 2020 @03:53PM (#21963996)

It would be interesting to see examples of the alternatives. That is, marketplaces that failed due to scammers, marketplaces that succeeded by heavily curating to block scammers, and marketplaces that failed due to excessive curation while trying to stop scammers.

I wonder if scamming is actually a symptom of a successful marketplace. Scammers presumably have to think through their opportunity costs and would want to focus on marketplaces with many buyers and sellers and high transaction volume.

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Re:How Billion Dollar Marketplaces Are Built by everdev on Monday January 06, 2020 @01:26AM (#21967003)

> I wonder if scamming is actually a symptom of a successful marketplace.

For new marketplaces the risk and reward are pretty low. For mature marketplaces the reward is much higher and the risks probably vary based on your home country.

The ideal for a scammer is probably a site with good enough security to remove most scammers but not good enough to remove you.

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Re:How Billion Dollar Marketplaces Are Built by arsenico on Monday January 06, 2020 @06:08AM (#21968219)

> marketplaces that succeeded by heavily curating to block scammers

Think about Uber as a marketplace which heavily curates scammers, success is a matter of many discussions though.

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