In this episode, we dive into the world of marketplaces with Pete Flint, co-founder of NFX, one of the leading venture firms specializing in network effects. Pete brings decades of marketplace experience, from the founding team at Lastminute.com to the creation of Trulia and its merger with Zillow. At NFX, Pete and his team have a unique perspective on how network effects drive defensibility in marketplace businesses.

Here are three highlights from the conversation:

• The Key to Defensibility: Pete explains why network effects are the best form of defensibility for marketplace businesses and how they make companies resilient over time.
• AI's Role in Marketplaces: Pete discusses how AI is both disrupting and enabling marketplaces, and why it’s creating entirely new marketplace models.
• The Best Advice for Marketplace Founders: Pete shares his top tips for aspiring founders, from identifying the hardest side of the marketplace to seizing opportunities during economic or regulatory change.

Tune in to hear Pete’s insights on building long-lasting, resilient marketplace businesses powered by network effects.