Business Models
sari and
Business Models
Berkshire Hathaway: The Incomparable Compounder - [Business Breakdowns, EP. 63]
open.spotify.comOne mistake I often used to make at Justin.tv was offering a potpourri of business models (virtual goods, product placement, chat ads, contests, etc..). I was embarrassed to say Justin.tv would monetize with advertising when clearly that was the only answer. Own the simple business model.
Michael Seibel • How to Pitch Your Company : YC Startup Library | Y Combinator
Frameworks v0.2
FRAMEWORKS v0.2 Many of the thoughts in this document draw on and synthesize concepts from economics, math, physics, chemistry, biology, and psychology. Here are a handful of core concepts that are often relied on as inputs: Activation energy Behavioral economics Cognitive biases Darwinism En...
docs.google.com
One thing that might surprise you about dominance is how companies get it. You might think it comes from rapacious win-at-all costs business practices, or from raising large amounts of money to snuff out competition. But we’ve found that the primary source for a company’s dominance is whether it designs its product and business model to be... See more
I’d argue that the gist of sharecropping on social media is:
We rent space on platforms we don’t own.
We pay for that space by becoming “the product” whose attention is sold to the highest ads bidder.
Our attention is also being usurped by the makers of the platform and what they’ve programmed their algorithm to show us.
Our data is being collected, stored, and reused without our knowledge or permission (at times).
We are still the workforce that fills the platform with value, ideas, content, and meaning.
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It doesn’t benefit major social media companies (in a modern, capitalistic business sense) to encourage us to do the things that actually help us change the world and grow our businesses, and spread our ideas the way “gold standard” people are.
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In the age of AI—and tons of people competing for attention online, if you are a thought leader with meaningful ideas to share:
• Trying to compete on quantity is actually foolish.
• Trying to compete on quality will weed a few people out, but is clearly not enough because most people I know are already trying that.
• Competing on placement, relevance, and the strategic platform you build for your thought leadership is a much better way to spend your energy.
Very few people know how apps make money.
Fewer understand that Apple is a piece of shit for pulling the absolutist, crappy move called ATT which crippled the industry.
Here's a simplistic explanation on how millions of app developers monetise in the ~$100B+ app ads market:
nametwitter.com
Two myths currently limit our collective imagination: the myth that advertising is the only possible business model for online companies, and the myth that it’s too late to change the way platforms operate. On both points, we need to be a little more creative.