Understanding Marketplaces – How Entrepreneurs
can build the next Uber
The Harvard Club of Victoria and King & Wood Mallesons cordially invite you to a presentation on Monday 10th December 2018.
Over the past twenty years, entrepreneurs have created and captured enormous value by launching new marketplaces such as Airbnb, Alibaba and Uber. There have also been failures as entrepreneurs developing an “Uber for XXX” have failed to mobilise critical mass of participants and create “liquid” marketplaces. Fundamental economic principles guide the design, launch and management of marketplaces – and applying them can enhance your chances of success.
Professor Scott Duke Kominers will provide examples of and insights into how successful marketplaces are created and how economic principles can be applied to improve the efficiency of markets for everything from used cars to donated food.
Date: Monday, December 10th, 2018
Time: 6pm to 8pm
Venue: King & Wood Mallesons, Level 50, 600 Bourke St, Melbourne VIC 3000 (Corner of Bourke Street and King Street, AMP Building)
Cost: $45 for HCV members and their guests (pls login to the website to purchase); $55 for non-members. Click here to book!
Contact: Mandy Croker mandy@harvardclubofvictoria.org.au
About the Speaker and Sponsor:
Professor Scott Duke Kominers
Professor Scott Duke Kominers (www.scottkom.com) is the MBA Class of 1960 Associate Professor of Business Administration in the Entrepreneurial Management Unit at Harvard Business School (HBS), and a Faculty Affiliate of the Harvard Department of Economics. Scott teaches “Making Markets” and “Market Design” at HBS. Professor Kominers’s research develops economic analysis that provides practical solutions to real-world problems. He works at all stages of the economic design process—building underlying theory and technology, identifying new design applications, and working with practitioners to implement solutions to market failures. He also serves as an Associate Editor for Management Science and Journal of Mechanism and Institution Design, and periodically writes for Bloomberg Opinion.
King & Wood Mallesons
King & Wood Mallesons (KWM) is a leading international law firm headquartered in Asia with its team of over 2,000 professionals in 27 locations around the world. KWM works with clients to help them understand local challenges, navigate through regional complexity and find commercial solutions that deliver a competitive advantage. Combining an unrivalled depth of expertise and breadth of relationships in core markets, KWM lawyers are connecting Asia to the world, and the world to Asia.