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All articles by Juho Makkonen

Juho has been building marketplace websites since 2008. He is Sharetribe's Co-Founder and CEO, and the co-author of the Amazon bestseller The Lean Marketplace – A Practical Guide to Building an Online Marketplace. He's also a connector at OuiShare, a global network focused on building a more collaborative society.

Juho believes that technology companies can be a force for good in our society when they're designed to prioritize their social mission.

Best articles by Juho Makkonen

Screenshot of Sharetribe's page on Product Hunt, with 947 upvotes and a laurel for 2nd place Product of the Day.
Balanced

Introducing the new Sharetribe

A super-fast no-code marketplace builder and a powerful developer platform, in one marketplace solution.

Yellow 3D coins and green bills in symmetric diagonal rows on pink background
Marketing & growth

Marketplace funding: The complete guide

Struggling with funding your marketplace? This guide helps you decide how much marketplace funding you need – and when and where to source it.

How to measure your success: the key marketplace metrics
Marketing & growth

Marketplace metrics: 26 key metrics and how to use them

What metrics should a marketplace founder track? And how to translate what you track into action? Here’s how to identify and track the key metrics, how to separate them from vanity metrics, and how to make concrete decisions based on reliable data.

All articles by Juho Makkonen

How to build

Best marketplace software in 2026

...And how to choose the right one for your marketplace idea and requirements.

Six yellow chairs arranged around a yellow table on a paved path on green grass and some fallen leaves.
Balanced

Sharetribe becomes a democratically governed company

At Sharetribe, the highest decision-making power is held by team members, based on the principle of one person, one vote. 

A red brick building with white windows and shutters open next to two-beige-colored buildings with windows closed.
Balanced

Every price Sharetribe has ever charged is now public

The full history of pricing changes to Sharetribe's products is now publicly available in our pricing changelog.

Empty road leading straight ahead into the distance with some steep bumps along the way, surrounded by greenery in beautiful morning light.
Balanced

Sharetribe is profitable again

Why Sharetribe stopped growing in 2021 and how we turned things around in 2024—and why all this matters.

3d pattern of many globes on turquoise-blue background.
Marketing & growth

How to scale your marketplace

Our advice in most articles on this blog is to not scale your marketplace yet. Not in this one. In this article, we'll lay out the four stages of expanding your business to new categories, user groups, and locations.

Half of the image diagonally shows colorful, assembled puzzle pieces on a pale yellow surface. A loose red piece is clearly missing from the assembled puzzle.
Starting a marketplace

Product-market fit for marketplaces

Product-market fit is a critical stage that shows your marketplace can be profitable. Here's how you can reach it with your marketplace.

Four puzzle pieces in different colors on a pale yellow background. Three pieces are together, a red piece is loose but clearly fits the other three pieces to complete a square.
Starting a marketplace

Problem-solution fit for marketplaces

Problem-solution fit is a sign your product is solving a real problem for users. Here’s how to identify if you’ve reached it—and what to do if you find out you haven’t.

Sage green background with salmon pink credit cards with world map on the upper left corner, Mangopay logo in bottom right corner.
Platform technologyStarting a marketplace

Mangopay marketplace payments – overview of key features

Are you considering Mangopay to power your marketplace payments? Here's a detailed overview of Mangopay’s marketplace payment features.

Sage green background with salmon pink credit cards with world map on the upper left corner, PayPal logo in bottom right corner.
Platform technologyStarting a marketplace

PayPal marketplace payments – overview of PayPal for Marketplaces key features

PayPal for Marketplaces is a widely used marketplace payment provider. Explore its features, fees, available countries, currencies, payouts, and more.

Sage green background with salmon pink credit cards with world map on the upper left corner, Adyen logo in bottom right corner.
Platform technologyStarting a marketplace

Adyen marketplace payments – overview of key features

Should you choose Adyen for your marketplace payments? Read this article to know Adyen's features, fees, supported currencies and countries, tax handling, & more.

Sage green background with salmon pink credit cards with world map on the upper left corner, Stripe logo in bottom right corner.
Platform technologyStarting a marketplace

Stripe marketplace payments – overview of Stripe Connect key features

Stripe Connect key features, fees, security compliance, integration and more.

"The practical marketplace guide by Sharetribe. Build a successful marketplace business step by step."
Academy

Create a marketplace. Fast.

Learn to build an online marketplace in ten practical steps. With dozens of real-life examples and advice based on 10+ years working with online marketplaces.

Nine orange credit cards with the picture of the world map arranged in a symmetrical grid against a light green background.
Platform technologyStarting a marketplace

Marketplace payments: The complete guide

Marketplace payments are very complex. This guide helps you list your feature requirements and compare and choose the best marketplace payment provider for you. (Yes, there's a comparison table!)

Screenshot of Sharetribe's page on Product Hunt, with 947 upvotes and a laurel for 2nd place Product of the Day.
Balanced

Introducing the new Sharetribe

A super-fast no-code marketplace builder and a powerful developer platform, in one marketplace solution.

An excerpt from Gartner's Future of Sales in 2025 report. By 2025, they expect 80% of B2B sales interactions between suppliers and buyers will occur in digital channels. The 80% is visualized by ten smartphone icons, eight of which are blue, two grey.
How to build

How to build a B2B marketplace

What’s required from a marketplace to solve the challenges and leverage the potential in B2B?

How to build

How to build a service marketplace

Here’s everything you need to know about creating a website for services and building a successful marketplace business.

A brown wooden dock on a lake surrounded by trees, mostly pines, but also some birches. The sun is shining outside of the frame, the sky is blue with white fluffy clouds and the water is rippling lazily in a soft wind.
Balanced

Five benefits of working less

Why I work from nine to five and take over five weeks off every year as a tech startup CEO.

Multiple drawings of a open grey laptop, closed blue notebooks and open notebooks with black lines simulating text, interspersed on a blue background.
Platform technology

How to describe your requirements to a marketplace developer

Before you can start developing your marketplace platform, you need to describe it to your developer.

Many drawings of an open, purple laptop with a blank screen on a red background. The laptops are in different sizes and cast shadows to left.
Platform technology

How to hire a software developer to build your marketplace

Find out if it's time for your to find a marketplace developer and, if yes, how to find the right one.

An empty miniature shopping in the middle of a tablet made out of white and green cardboard. The table computer does not have a screen. It's just the frame, lying on a smooth green surface..
Platform technology

How to build a multi-vendor shopping cart

Learn if your marketplace needs a multi-vendor shopping cart. And if it does, how to build one.

Three thriving cacti in small terracotta pots on pink surface and pink background.
Marketing & growthStarting a marketplace

Marketplace businesses that thrive in a recession

A recession is a challenge for any business. But a downturn can also offer tremendous opportunities for marketplaces

Wooden Scrabble pieces arranged to spell "Be the change" on a grey-and-white surface.
Balanced

What if every company in the world were like Patagonia?

Patagonia is not alone. Bosch, John Lewis, Sharetribe, and dozens of other steward-owned companies are changing capitalism for good.

3D coins and bills in three symmetrical rows on pink background
Marketing & growth

How to fund your marketplace without giving up equity

Venture capital doesn’t work for most marketplaces. Luckily, there are options. Consider grants, loans, and revenue-based financing.

3D coins and bills in diagonal rows on pink background.
Marketing & growth

How to crowdfund your marketplace

Your marketplace startup funding options aren’t limited to bootstrapping or raising venture capital. Read on for our CEO Juho’s best tips on a funding method close to all our hearts at Sharetribe: crowdfunding.

Green 3D bills and stacks of yellow coins covering two-thirds of pink background.
Marketing & growth

How to raise venture capital for your marketplace

Sharetribe’s CEO Juho’s complete guide to raising venture capital for your marketplace.

Diagonal row of green 3D banknotes and 3D coin stacks on pink background.
Marketing & growth

Why raise venture capital for your marketplace – and why not

Should you raise VC funding for your marketplace? If you want to build a unicorn, yes. If you want to get rich – maybe not.

Stack of yellow 3D coins and green banknote on pink background.
Marketing & growth

How to bootstrap your marketplace

Can you build a successful marketplace business without funding? Absolutely! Bootstrapping might even help you become profitable faster.

Avocado plants in transparent glass bottles
Balanced

How we make salary decisions at Sharetribe

Salary transparency fosters fairness and trust. It also raises the stakes for decision-makers and demands that any differences in compensation can be openly justified.

Yellow 3D coins and green bills in symmetric diagonal rows on pink background
Marketing & growth

Marketplace funding: The complete guide

Struggling with funding your marketplace? This guide helps you decide how much marketplace funding you need – and when and where to source it.

Two people walking across a wide zebra crossing. Only their legs are visible. One is wearing a red jacket and a skirt, the other has black trousers and a green bag.
Balanced

Why we're building a Balanced Company

For us, balance is about building a sustainable work culture while staying focused on our mission to democratize the sharing economy.

How to develop

The complete guide to open-source marketplace software

Considering open-source software to power your marketplace? Here's a helpful guide.

How to measure your success: the key marketplace metrics
Marketing & growth

Marketplace metrics: 26 key metrics and how to use them

What metrics should a marketplace founder track? And how to translate what you track into action? Here’s how to identify and track the key metrics, how to separate them from vanity metrics, and how to make concrete decisions based on reliable data.

How to build

How to build a two-sided marketplace

How to find the right business model and build network effects on a two-sided marketplace platform.

Red-and-white ifebuoys arranged in sequence.
Marketing & growth

What to do if your marketplace business slows down

Five recommendations to consider for your marketplace during times of slower business. Some can help you make it through these difficult times, others prepare your business for better ones ahead.

A heart-shaped green bush in front of a derelict building
Balanced

On what matters

Sharetribe's company structure, steward-ownership, ensures that for us, profits will always simply be a means to achieve our social mission.

A round library wall filled with books faced by a railing. Photo by Patrik Göthe on Unsplash.
Balanced

Sharetribe Go becomes source-available after being open-source for 8 years

Sharetribe Go started as open-source – now it's source-available. This post explains the history and motivation behind the change.

An aerial view of a city with skyscrapers at dusk. Photo by Alex Shutin on Unsplash.
Balanced

Steward-ownership is capitalism 2.0

This post dives into the background and practice of steward-ownership and how we’re applying it at Sharetribe.

A man walking next to a wall that has a graffiti spelling Good. Photo by Volkan Olmez on Unsplash.
Balanced

How to build companies that are a force for good in society

For a company to leave the world a better place than they found it, we believe a large-scale change in mindset is necessary.

Growing with content - An interview with Simon Powell
Marketing & growth

Growing with content - An interview with Simon Powell

The founder of TransferTravel reveals how creating content helped them build supply and awareness about their marketplace, up to 30,000 visitors per month, without spending anything on ads.

Why network effects are key to successful marketplace businesses – An interview with James Currier
Marketing & growth

"Network effects are key to successful marketplaces," says James Currier

The managing partner of NFX Guild believes a new class of businesses—ones that combine aspects from marketplaces and social networks—is being created.

Marketplace trust is key in facilitating transactions – An interview with Vincent Rosso
Business Model

Why trust is key for BlaBlaCar – An interview with Vincent Rosso

The co-founder of Blablacar discusses what B2B marketplaces can learn from P2P marketplaces, and specifically, marketplace trust as a facilitator for transactions.

The earth photographed from space during nighttime. Photo by Nasa on Unsplash.
Balanced

About Sharetribe’s values

Four years ago, Sharetribe updated its company values, and they still hold true today. This is how we got there.

Why did Thumbtack succeed?
Starting a marketplace

Why did Thumbtack succeed?

Starting your marketplace with one city and one vertical is key. But for every rule, there's an exception.

Start your marketplace in one city and focus on one vertical
Business Model

Focus your marketplace on one city and one vertical

Tackle the chicken-or-egg problem with an extreme focus.

Five must read books for marketplace entrepreneurs
Starting a marketplace

Five must-read books for marketplace entrepreneurs

Our CEO Juho picked the five books he strongly recommends to all marketplace entrepreneurs.

How to design the booking flow of your service marketplace
Platform technology

How to design the booking flow of your service marketplace

How ten well-known marketplaces match supply and demand, and how to pick the right approach for you.

From bootstrapping to $1M in funding – An interview with Arash Shiva and Marius Ciocirlan of Sharegrid
Marketing & growth

From bootstrapping a marketplace to $1M in funding

Arash Shiva and Marius Ciocirlan of Sharegrid reveal how they went from bootstrapping to $1M in funding, using Sharetribe.

Boris Wertz on how to Discover Latent Demand. How to build a marketplace with the Marketplace Academy
Starting a marketplace

Discover latent demand – An interview with Boris Wertz

Boris Wertz, the prolific marketplace investor and former COO of AbeBooks, believes there are still many untapped verticals that are ripe for disruption by new marketplace businesses.

The foudners of Cycle.land
Starting a marketplace

From marketplace idea to profitability in a matter of months

An interview with the founders of Cycle.land, the Sharetribe-powered bike-sharing marketplace that raised more than £400,000 in equity crowdfunding.

Do one thing well – An interview with Mike Williams
Marketing & growth

Do one thing well – An interview with Mike Williams

The founder of Studiotime shares how he built a profitable marketplace business by bootstrapping.

Conquer one city at a time – An interview with Tristan Pollock
Marketing & growth

Conquer one city at a time – An interview with Tristan Pollock

The founder of Storefront advises entrepreneurs to build manual-first marketplaces and to not scale too rapidly.

How much money is needed to start a marketplace business?
Starting a marketplace

How much does it cost to build a marketplace business?

Example of a first year’s marketplace startup budget, and how to spend it wisely.

How to grow your marketplace
Marketing & growth

How to find the best marketplace growth strategies

Choosing the early-stage marketing mix for your marketplace.

How to build supply for your marketplace
Business Model

How to build your marketplace supply

How to bring in the first, quality providers before your platform has any customers.

Four eggs in different stages from raw to fried sunny side up.
Platform technology

How to design your marketplace transaction flow

The science behind minimal abandoned carts for marketplace platforms.

How to help your customers find the right product or service
Platform technology

The marketplace search engine: How to help your customers find what they’re looking for

Your success depends on demand finding its way to supply. Here’s how to make it happen.

Marketplace Pricing - how to set the marketplace commission and transaction fee
Business Model

Marketplace pricing: How to set the right take rate

The right marketplace pricing level depends on many different factors internal or external to your marketplace. Here's what you should consider to find the optimal pricing level for your marketplace.

How to discourage people from going around your payment system
Business Model

How to prevent marketplace leakage (and keep payments on your platform)

How to solve the most daunting challenge of the marketplace business model: platform leakage.

Bright green origami cacti on a light green surface.
Starting a marketplaceBusiness Model

The marketplace business model guide

Learn how the marketplace model works and brings benefits to all parties involved: the sellers, the buyers, and the marketplace owner.

How to launch your online marketpalce
Starting a marketplace

Why you should launch your marketplace early

‘Time is money’, and other teachings to inspire you to take the plunge and launch your marketplace as soon as you can.

Peer-to-peer marketplaces and their 3 most common pitfalls
Starting a marketplace

Three reasons why marketplaces fail (and how not to)

Peer-to-peer marketplaces can be great businesses. They combine the convenience of online stores with scale that comes from the notion that every consumer can also be a provider.

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