Interesting facts
Attractive vertical with strong network effects and monetisation potential
SEEK is a provider of online recruitment and education services in Australia, China, South East Asia and Latin America and is a leading player in almost all geographies in which it operates. Barriers to entry for online business models are typically low, given the low capital outlay to establish online businesses. However, there are genuine network effects and so the barriers to success are quite high. This has often resulted in a “winner take all” dynamic where the strength of the incumbent players is difficult to undermine.
