How to market size the opportunity for Stripe?

Market sizing
New answer on Feb 21, 2021
4 Answers
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Anonymous A asked on Feb 17, 2021

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Ian
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replied on Feb 17, 2021
MBB | 100% personal interview success rate (8/8) and 95% candidate success rate | Personalized interview prep

Hi there,

The best way to learn is by doing :) Post your approach here and we can provide feedback!

General Tips for Market Sizing

  1. Just like in a case, make sure you understand the question - what are you really being asked to calculate
  2. Decide whether a top-down or bottom-up approach is best
  3. Figure out what you know you know, and what you know you don't know, but could estimate
    1. This helps you determine how to split out buckets
  4. Stay flexible - you can start with a "high-level" market sizing, but gauge your interviewers reaction....if it looks like they want you to do more...then go along level deeper in terms of your splits
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Raj
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replied on Feb 21, 2021
Strategy&| ex-interviewer | 170+ coached over career |95% success @ MBB, S&, RB, LEK, OW, Big4 [SUCCESS STORIES BELOW]

There's a lot of great content on PrepLounge on how to structure a market sizing including the following questions -

https://www.preplounge.com/en/consulting-forum/how-would-you-estimate-the-market-size-for-vegan-shampoos-in-the-uk-9150

https://www.preplounge.com/en/consulting-forum/i-am-trying-to-solve-a-market-entry-case-but-the-answer-framework-makes-me-confuse-6379

Think about the various products Stripe offers, calculate the size of the markets for each of those products, then consider how these markets will expand. Bear in mind Stripe's mission is to increase the GDP of the internet

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Clara
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replied on Feb 18, 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello!

First of all, I would advise you to give it a shot and share it here, this is the approach you would benefit most from.

Furthermore, this is quite an easy case, and there are several market ideas such as Paypal that you can "benchmark".

Hope it helps!

Cheers,

Clara

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Gaurav
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replied on Feb 18, 2021
Ex-Mckinsey|Certified Career Coach |Placed 500+ candidates at MBB & other consultancies

Hi there,

I suggest you search all the questions marked with "market sizing" on Preplounge. I am sure you'll find some interesting approaches there!

Hope it helps!

Cheers,

GB

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Ian gave the best answer

Ian

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