Sara Mauskopf Sharing Parting Marketplace Advice

1 May 2024 · 1 min

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This content was created by Max Brun. This content was uploaded by Max Brun. This is a YouTube video titled "Sara Mauskopf Sharing Parting Marketplace Advice" (created 2024-05-01T15:35:27+00:00). The excerpt is a first-person reflection—Sara Mauskopf discussing her experience founding the marketplace Winnie. She emphasizes that marketplaces are hard and take many years to scale, expresses regret about early spending on things like Facebook ads and random user acquisition, and advises future founders to conserve capital and be smarter with early spend.

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If you could go right back to before you, you know, you started Winnie, what would you tell yourself about marketplaces? It is hard and it's a long journey. And I don't know if I would have done this if I had realized like 8 years later I'd still be doing it. But I also think if I had understood like how long it takes to really build something at scale, I might have been a little bit more savvy in the beginning about how we spent our money. Because we, we could use it now. And like, it's a lot more kind of any dollar we spend now, we can be so much smarter and we can get so much more for that dollar that like, I wish all those dollars we threw away in the beginning to get like, to Facebook ads, to get downloads to random users, like I wish we had them now. So I probably would have told myself like, it takes a while, save your money, and you'll be able to put it to good use later.