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Brian Chesky and Joe Gebbia were Rhode Island School of Design alums who wanted to rent out their apartment in San Fransisco to make ends meet. They didn't feel like Craigslist was personal enough so they created their own website in 2007 called AirBed & Breakfast. Eventually they joined Y Combinator and renamed the business Airbnb

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Was founded by Kalin, Maguire, Tarbell, and Schoppik. After Kalin attended college and received a degree in the classics his focus was shifted to woodworking and he wanted to create a marketplace to be able to sell his work. They all got together and developed Etsy

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Provided a smart phone app that was integrated with google maps- growing with the time of technology

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allowed for mobile payment to be processed

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Gave drivers ratings, which improved riders experience

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Customers who were satisfied with the product grew the knowledge of Uber by work of mouth

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People struggled to find a cab- many times they had to call a dispatcher and wait for the car to arrive. Uber got rid of this problem

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Etsy builds a community of high quality buyers and sellers, it also focuses on promoting small businesses that are selling (mostly) homemade items

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It’s all in the name – at MarketResponse we make sure you’re in tune with your market. With us, you’re ready to respond quickly and effectively to current trends and to the changing needs of your target audience. We’ll also help you carve out unique space for your brand and guide you in the creation…

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Airbnb deals with finding the right people who are willing to open their home to others, this makes the supply limited in some areas. There are also safety concerns when you have strangers interacting.

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There are major competitors in Ubers market including Lyft, there are also certain cities that do not allow Uber drivers to drive in that area, and like Airbnb there are also safety issues that come with strangers driving strangers.

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Etsy is competitie in a huge market, they are having to deal with major retailers such as Amazon, because Amazon has strong focus backing the company they have the ability to have cheaper prices than Etsy. Facing strong competition like that makes for it to be very difficult to expand the company.

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I would invest in Uber, I feel that they have been able to expand and take over the before marketplace that revolved around Taxis. In addition they were able to continue to have success during the COVID pandemic by focusing on UberEats and putting new guidelines into place that ensured customer safety. I feel that this shows a lasting impact that Uber will always have on the market.