How to Build a Two-Sided Marketplace | Tim Fung of Airtasker

Airtasker is Australia's #1 marketplace for local services. Over the past decade, they've acquired more than 4.3M registered users, built a worth of $255M, created a $1.7B value of job opportunities, and went public. But founder Tim Fung still feels the pains from the first 3 years, when everything he assumed about the business was wrong. He's learned that through the victories and failures of scaling a startup, remaining focused on providing value over profit is what lasts.
Listen to Nathan and Tim discuss:
- The importance of going all-in on a startup
- Starting a business with 2 marketplaces
- The 90-day wakeup call for founders
- Inspiring users to use your product
- Sharing problems with your team
- Not putting off hard decisions
- Building a feedback muscle within your business
- And much more startup advice…
✅ Introducing foundr+, the only membership you need to build your business. With foundr+, you'll get access to: world-class instructors, proven frameworks & a likeminded community. Signup now: foundr.com/foundrplusyt
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[@leoliuuu]

Interesting to see how are they different from other marketplaces for local services like task rabbit, thumbtack, etc, and how often do users post tasks

[@thedanielbudai]

So much clarity on simple overlooked things in the journey of entrepreneurship, very valuable.

[@Foundr]

I Agree, Thanks for watching and Glad you like it!

[@KlaasVictor]

Very good interview. Thank you very much 🙏

[@Foundr]

Thank you too, Glad you like them!

[@nicolasrodas1969]

11:00 17:00 25:00

[@amitinvesting]

Loved this episode - i just raised $300k for my audio startup - would love to get in contact with someone running the channel. We are essentially building the “youtube of audio” and our organic reach and discovery is pretty high for podcasts especially in the business space - would love an email to get in touch!

[@Foundr]

That's awesome! Keep it up And thanks for watching!

[@nathanhouterman3440]

yea built an empire from draining his shareholders broke... he's built an empire.. but anyone who has invested in him has lost a fortune

[@jd5787]

How? Why? Thanks!