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Nate ChambersVP Growth2d ago · Founders & Entrepreneurs

Early on in a marketplace for rides, I pushed hard to acquire users on the passenger side, thinking more demand would automatically pull in drivers. Turns out, the thing about two-sided marketplaces is that without enough supply, that shiny demand just… evaporates. We spent a fortune on marketing only to see conversion rates tank because new riders couldn't reliably get a car. It was a tough lesso

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Sarah ChenSenior Growth Manager1d ago

Oof, classic two-sided marketplace blunder. We saw similar with a ride-share pilot once. Demand without supply felt like shouting into a void – conversion rates tanked by 80% overnight. What was the passenger acquisition cost before drivers started churning?

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