Tumblr is a microblogging platform founded by David Karp in 2007. The idea of Tumblr is to provide a platform to its users where they can discover new avenues and bond over things that they love with people around the world. The founder of Tumblr, David Karp, waited for an entire year before deciding to …
Tumblr Business Model – How Does It Makes Money? Read More »
There is an online directory with immense number of visitors. This model is called the Yelp Business Model. With a vast following of 83 million of unique desktop visitors, 74 million unique mobile web visitors and an average of 28 million unique mobile application visitors per month, Yelp allows users to view lists of local …
Alibaba is one of the largest tech company in the world. It enjoys the prominence for its famous online marketplace which is known for delivering all kinds of products throughout the world. The e-commerce giant from China has a great share of business around the globe. Alibaba business model comprises of different activities of the …
A business model is an integral part of an idea or a venture. A business cannot flourish if it does not have a robust business model and means of revenue generation. If you are someone with a prototype, your idea is worth nothing if you have not decided a business model yet. Venture capitalists want …
What is A Business Model and The Different Types of Them Read More »
Fabrice Grinda and Alec Oxenford created OLX, an online marketplace, in 2006. OLX was started in Argentina and it further expanded to more than 41 countries worldwide. OLX enjoys a strong presence in markets such as Pakistan, India, Portugal, Poland, Philippines, Brazil, Nigeria, and Kenya. It serves as an alternative to Craigslist in countries where …
It may sound absurd but YouTube actually started out as a dating website. Jawed Karim, Steve Chen, and Chad Hurley created YouTube back on 14th February, 2005. All three of the founders were former PayPal employees who worked together to give us YouTube. YouTube was later bought by Google in November 2006 for a staggering …
YouTube Business Model – Largest Video-Sharing Platform Read More »
Pitch decks are probably the first thing that should be created by a startup or an entrepreneur when a product is in its earlier stages. At early stages of development, startups require funds to develop their products. If money is hard to get by, you can always bring investors on board to help kick start …
Amway, short for ‘American Way’, is a multi-level marketing company that deals in beauty, health and home care products. Multi-level marketing is the new name of the age-old pyramid scheme that has been made illegal or strictly regulated in different parts of the world. Jay Van Andel and Richard DeVos started out Amway in 1959 …
Jack Dorsey, the founder of Twitter, posted the first ever tweet on 22nd of March, 2006. The tweet was pretty simple and only contained 24 characters (if we include spaces). Back then, it was the start of a new social media platform which now caters to 321 million active users as of 2018. Over the …
Twitter Business Model – Learn How They Make Money Read More »
Garret Camp came with the visionary idea of a ride-hailing company that would allow the users to call a cab to their location and go about their destination. The idea might have sounded absurd back in 2009, but Uber has come a long way since then. It would not be wrong to say that Uber …