We back founders transforming commerce - bringing new markets online to democratise trade and eliminate friction
Marketplaces have grown to facilitate increasingly complex exchanges as they come online, and the enabling technologies have evolved in lock-step. These have ranged from basic text and images for classifieds like Craigslist, to social identity and trust for P2P sharing and location services for transport.
Consequently, we're always looking for industries or environments that were previously analog, where exchange efficiencies can be created and the increase of participants strengthens the gains for all.
Additionally, as great believers in unlocking entrepreneurial energy, we look for platforms that are creating economies, for example tools that empower a new class of work, for individuals to create their own flexible, independent business.
Finally, as most commerce comes online, we are excited to see developments in the tooling, from fraud to payments to identity - all things that will support the bazaar revolution.