Thanks for calling attention to Eisenmann's paper on this still timely topic. I get your point at the end about the "one side subsidizing the other" and the reversal of value-prop that TheLadders recognized.
Curious: Has TheLadders been successful with their "entrance fee" for the mall?
Semantics: Using the "valuable" term as you did, aren't you saying that Monster views the "employee as more valuable" and in the 100K+ job market, TheLadders views the job-opp as more valuable? Hence defining the cash direction?
Thanks!
Jim
FN
· 1 year ago
Thx for the comment Jim!
From what I hear, TheLadders has been very successful. I recently read an article talking about a $7BB valuation.
And yes, Monster definitely views "resumes" as most valuable. They have very detailed metrics on acquisition cost and, hey, their Superbowl ads target employees not companies!
Regarding TheLadders, you raise a good point. Using the logic of the paper, the company is more valuable. Hmmph. Need to think about that.
James
· 1 year ago
Great pointer to the Harvard article and great topic for discussion. One note: the link to the Harvard paper shows up for me with two http:// references. Remove one and the link will work.
John
· 1 year ago
The two-sided networks or as you have mentioned the two sided markets have become very popular. Credit cards, end-users and developers system are perfect examples. Internet is one of the most popular two sided markets of the 21st century. If I am not mistaken together with price adjustment one should take into consideration networks effects as well, otherwise it would be hardly possible to avoid mistakes. What about multi-sided markets? I just begun to wonder if you have money and you want to start a business is it better to develop two-sided or multi-sided market.It depends, I know…
Deborah Block-Schwenk
· 1 year ago
Two-sided markets are definitely prevalent in the Web 2.0 world and your article describes the situation very well. I work for a site, http://www.catalystcode.com, that looks at current business news from the perspective of two-sided markets. Please take a look, your feedback is welcome.
All Comments
Curious: Has TheLadders been successful with their "entrance fee" for the mall?
Semantics: Using the "valuable" term as you did, aren't you saying that Monster views the "employee as more valuable" and in the 100K+ job market, TheLadders views the job-opp as more valuable? Hence defining the cash direction?
Thanks!
Jim
From what I hear, TheLadders has been very successful. I recently read an article talking about a $7BB valuation.
And yes, Monster definitely views "resumes" as most valuable. They have very detailed metrics on acquisition cost and, hey, their Superbowl ads target employees not companies!
Regarding TheLadders, you raise a good point. Using the logic of the paper, the company is more valuable. Hmmph. Need to think about that.
For a more academic treatment of the subject, there are some great resources at http://www.26econ.com/resources/