the.com/business model
the story of how a company plans to take more money in than it sends out.
means a description of how an organization creates, delivers, and captures value, i.e. who pays whom for what and why it keeps working.
from the phrase barely existed before the 1990s, then exploded with the dot-com boom when startups needed a polite way to say we have no revenue yet but a great story.
harvard studymost startups fail from bad models, not bad ideas
canvas eraosterwalder s 2008 canvas made it a whiteboard sport
amazon prooflost money for years, model just needed patience
freemium trickgive away 90 percent to sell the 10