Building The Future Podcast

#64, On building an online marketplace in Africa: not as easy as it looks. Adam Grunewald, CEO & Co-Founder at Lynk


Listen Later

Adam Grunewald is the co-founder and CEO of Lynk, a platform designed to provide technology-based solutions for the massive informal labour sectors in Kenya. Adam has worked at Google as a project manager on new and emerging projects in the United States and Kenya. Driven by the urge to create a reliable employment system for manual workers in Kenya,  he created Lynk in late 2015. Lynk has raised $1m in funding and is currently fundraising.   In this episode you’ll learn: Adam’s love for Kenya and how he began living in the country How was Lynk ideated? Why Lynk sticks to a manual vetting process for labour getting on their platform How to ensure a successful match between demand and supply? What is the difference between the Lynk model and an open marketplace? The difference between a horizontal and vertical marketplace What are the three questions you have to answer before building an online marketplace? How to ensure your total addressable market is big enough for scale Dealing with quality control in a lead generation market place How do you minimize platform leakages? How does Lynk reduce friction for platform users? The disadvantages of scaling prematurely And more Selected links from this episode Selected books from this episode Don’t miss new episodes of Building the Future Podcast   Building The Future Podcast Season 3 is sponsored by Flutterwave Flutterwave drives growth for banks and businesses across Africa through digital payment technology. You can learn more about their activities
...more
View all episodesView all episodes
Download on the App Store

Building The Future PodcastBy Dotun Olowoporoku

  • 5
  • 5
  • 5
  • 5
  • 5

5

1 ratings


More shows like Building The Future Podcast

View all
Focus on Africa by BBC World Service

Focus on Africa

373 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,066 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

522 Listeners

Fintech Insider Podcast by 11:FS by 11:FS

Fintech Insider Podcast by 11:FS

184 Listeners

Founders by David Senra

Founders

1,941 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

224 Listeners

I Said What I Said by The Carousel Network

I Said What I Said

885 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

168 Listeners

Next Africa by Bloomberg

Next Africa

187 Listeners

Into Africa by CSIS  |  Center for Strategic and International Studies

Into Africa

142 Listeners

The Flip by The Flip Media

The Flip

19 Listeners

Economics Explained by Economics Explained

Economics Explained

149 Listeners

Message of The Day (MoTD) by Message of The Day

Message of The Day (MoTD)

40 Listeners

The HonestBunch Podcast by Glitch Africa

The HonestBunch Podcast

99 Listeners

KOINONIA EXPERIENCE WITH APOSTLE JOSHUA SELMAN (ENI) by Ayinde Abraham Abiodun

KOINONIA EXPERIENCE WITH APOSTLE JOSHUA SELMAN (ENI)

157 Listeners