Insights From Outdoorsy & Now Investing In Marketplaces With Colin Gardiner | EM Group Chat #168

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Colin Gardiner

Recording of the Everything Marketplaces Group Chat #168 (8/20) with Colin Gardiner, who’s currently a marketplace advisor & investor. Colin was previously the Chief Product Officer & then Chief Revenue Officer at Outdoorsy, which is a leading marketplace for RV rentals. Colin helped grow Outdoorsy to $3B in revenue and raise over $200M+ in capital while he was there.

0:06
Intro
1:18 Colin's background
2:26 Colin's experience at Outdoorsy
5:13 SaaS-enabled marketplaces
7:33 Key learnings from Outdoorsy
11:29 Advising & investing in marketplaces
16:51 The metrics Colin looks for when investing in marketplaces
19:32 The current state of fundraising
22:25 Common mistakes founders make when fundraising
25:47 Opportunities for marketplaces
27:28 Group Q&A on how to come up with a SAFE valuation cap when fundraising
30:17 Group Q&A on when to prioritize marketplace experimentation
32:32 Group Q&A on how Colin's investment process has evolved
36:40 Group Q&A on raising from strategic partners
38:52 Parting marketplace advice

Colin on Twitter/X: https://www.x.com/colingardiner
Colin's newsletter: https://www.gardinercolin.com
Yonder Ventures: https://www.yonder.vc
Mike (Yoroomie) on Twitter/X: https://www.x.com/yoroomie

You can also find this group chat in audio format as an episode on our Everything Marketplaces podcast on Apple Podcasts and Spotify. You can also connect with marketplace founders & leaders from our group chats in the Everything Marketplaces community.