Can you imagine life today without online, consumer marketplaces?
At Battery Ventures, we can’t either. Think about it: We order food through Doordash, book trips through Airbnb, listen to music through Spotify and, of course, get around town with Uber and Lyft. Twenty years ago, the only widely used Internet marketplaces—online hubs matching buyers and sellers of a particular product or service—were probably eBay and Craigslist.
Now, increasingly sophisticated marketplaces in a variety of markets represent some of the world’s most high-profile consumer businesses, and they’re generating a large amount of value for investors. To track this trend, and highlight the growing importance of marketplaces generally, we created and are regularly updating the Battery Marketplace Index.
This index—first announced at The Marketplace Conference in San Francisco in 2019—tracks the world’s largest marketplace companies. To be included, companies need to be listed on one of the major global stock exchanges* and boast a market capitalization of $500 million or more. We update the index at the close of each calendar quarter.
*Exchanges tracked include NASDAQ, NYSE, SEHK, XTRA, ENXTAM, TSE
*Angie’s List, Groupon and Wayfair are or were Battery portfolio companies. For a full list of Battery investments, click here.
Battery is proud to feature thought leadership from some of the leading players in the digital marketplace space. Touching on everything from the power of network effects, to balancing supply and demand, to maintaining product-market fit in an evolving industry, these podcasts were recorded at the Marketplace Conference. Have a listen!
Battery Ventures provides investment advisory services solely to privately offered funds. Battery Ventures neither solicits nor makes its services available to the public or other advisory clients. For more information about Battery Ventures potential financing capabilities for prospective portfolio companies, please refer to our website. For a complete list of portfolio companies, please click here.
The information provided is solely intended for the use of entrepreneurs, corporate CEOs and founders regarding Battery Ventures’ potential financing capabilities for prospective portfolio companies. The information is current as of the date it was published. The contents are not intended to be used in the investment decision making process related to any product or fund managed by Battery Ventures. No assumption should be made that the investments identified above were or will be profitable. It should also not be assumed that recommendations made in the future will be profitable or equal the performance of the companies identified above.
Content obtained from third-party sources, although believed to be reliable, has not been independently verified as to its accuracy or completeness and cannot be guaranteed. Battery Ventures has no obligation to update, modify or amend the content of this podcast nor notify its audience in the event that any information, opinion, projection, forecast or estimate included, changes or subsequently becomes inaccurate.