Two college roommates at the University of Pennsylvania, Andrew Kortina and Iqram Magdon-Ismail founded Venmo in 2009. Venmo business model began as a text message based payment delivery stem.
Music industry has evolved in terms of distribution of latest music. Gone are the days when music was distributed in plastic cassettes or CDs. It was a struggle to carry big music players too. Then
Ever wondered how the insurance companies make money while they still pay huge sums of money to their customers? This question crosses many people’s minds. As of 2017, there were 20 insurance
Software is an amalgamation of instructions that are fed to a computer to perform respective tasks. In computer science jargon, computer software is the information processed by various computer
eBay business model started out from the living room of Pierre Omidyar in 1995. Ever since its inception, eBay has grown into one of the pioneers of the marketplace business model. Over the years,
Ebay and Craiglist are the two dominant players that tap used but untouched goods in U.S. homes. These used goods have an estimated market of $381 billion. OLX’s co-founder, Alec Oxenford, two year
Auctions are as old as the human civilization. Back in the olden days, barter and auctions were the only ways of trading. According to various reports, auctions have been conducted since 500 BC. To
The Reddit Business Model stands out for being unique. As the CEO of Reddit, Steve Huffman, proclaims that Reddit is the front page of the internet. If the internet was a newspaper, Reddit would be
LinkedIn is a social media platform primarily focused on connecting the professionals globally. With over 500 million users across 200 countries, the LinkedIn business model has positioned itself as
In today’s age, we have various companies offering similar services. When you have so many options, it is normal to feel indecisive. Business theorists understood this notion. Hence, the freemium