Making Auctions Work in Practice Is Worth a Nobel
Citation:
Kominers, Scott Duke. "Making Auctions Work in Practice Is Worth a Nobel." Bloomberg Opinion (October 12, 2020). View Details|
Case HBS Case Collection January 2020 Lunchclub: Algorithmic Networking |
Abstract
Algorithmic networking startup Lunchclub coordinates in-person meetings between professionals who would have been unlikely to meet. The company faces marketplace design, growth, and monetization challenges: The executive team has to refine Lunchclub's marketplace strategy and determine whether the company should continue to focus on its current use cases and geographical hubs or expand the platform's scale and scope. And while Lunchclub unlocks significant value by brokering new connections, the team still has to identify whom to charge and how.
Keywords: monetization strategy; Networking; Business Startups; Marketplace Matching; Market Design; Growth and Development Strategy; Information Industry;
Citation:
Kominers, Scott Duke, and George Gonzalez. "Lunchclub: Algorithmic Networking." Harvard Business School Case 820-051, January 2020.
