Step 1. Get everyone to store their stuff on Omni
Step 2. Use this sitting inventory to bootstrap a peer-to-peer marketplace.
Step 3. ???
Smart move. The hard part from my POV is getting to scale where the economics make sense and there's a critical mass of inventory for a variety of needs.
@rrhoover I agree that network effects are a huge component of this offering, and I think it was wise of Omni to start as a storage company (getting more and more inventory that is - by definition - not in use) and then expanding to a network-leveraging offering based on that existing unused inventory. Also very smart to start with geographically dense areas…See more
@joshdoody@rrhoover So we look at it like this: Omni is already an amazing solo experience and that's not going to change, but in the past the main reason to use us was clearly just storage. As we start to launch more features like lending it diversifies the use cases, expands the market size, and now it's an amazing community experience. Omni is now better…See more
