Last February, we introduced the a16z Marketplace 100, a ranking of the largest consumer-facing marketplace startups and private companies. The series was a hit, spurring debate about the evolution of marketplaces and promising new consumer categories. Then COVID turned into a pandemic.
The past year has been a gut-punch for many marketplace categories. Ticketing marketplaces found their businesses drastically diminished when events were cancelled around the world. As schools were shuttered and many businesses enacted work-from-home policies, childcare marketplaces scrambled to adopt new safety precautions and stay afloat. Even the #1 marketplace last year, Airbnb, grappled with shutdowns, cancellations, and refunds. Read more…
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