Framework · 2 notes · discussed by Lenny Rachitsky, Sarah Tavel

Hierarchy of Marketplaces

Every note in the archive that names Hierarchy of Marketplaces: summaries, key takeaways and links to the original essays, episodes and posts. Ask a question below to get a cited answer from just these notes’ authors.

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Lenny’s Podcast128 min

The hierarchy of engagement

Sarah Tavel · Dec 27, 2023
Key learnings
  • Pick one core action that defines an engaged user and track it as your North Star, rather than vanity metrics like MAUs or…
  • Build the product so it gets better the more it is used and users have more to lose by leaving, which drives retention.
  • Design network effects and re-engagement loops so that each user's activity pulls in and re-activates others without extra effort.
Lenny’s Newsletter♥ 26

Evaluating a (marketplace) business idea

Jun 23, 2020 · 11 min
Subscriber post — summary only

Lenny Rachitsky shares how he evaluates marketplace business ideas after reviewing 100+ companies. He argues that founders and investors should first test the underlying business against seven core criteria…