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 […]
Category Archives: Business Models
Airbnb Business Model: Traveling Made Easy
It is crazy how a simple idea such as providing living space and breakfast to visitors at your home can go a long way. This simple idea has changed how people travel around the world. The Airbnb business model has shown that even simple ideas can solve great problems. The business model proposed by the […]
Netflix Business Model: Streaming is the Future
As absurd it may sound, but the cable TV is being slowly pushed towards obsolesce. Cable TV, which was considered a phenomenon, is being replaced by Netflix. It started out in 1997 when Reed Hastings and Marc Rudolph put it out as a rental for DVDs online. Over the course of years, the Netflix business […]
Craigslist Business Model: The Go to Website for Classifieds
When you mention classifieds to any American, the first thing that comes to their mind is Craigslist. Craigslist took off amidst the dot com bubble. What started in 1995 as an email distribution site, it has come a long way since then. Moreover, the Craigslist business model grew into a lucrative website that now handles […]
PayPal Business Model and the Crucial Service It Provides
In this digital age, online payments have been made easy. You can use various apps to complete different transactions. The path to online payments was paved by PayPal when it was founded in 1998. It started out as Confinity in 1998, but then has evolved since then. The PayPal business model has grown robust with […]
Learn About The Franchise Business Model
Fast food chains grew all over the world, thanks to a phenomenon: the franchise business model. We all know and love McDonald’s. It is a common household name all round the world. McDonald’s is the largest food chain in the world. It has about 37,000 outlets in more than 115 countries. Their global presence and […]
Quora Business Model: Answers for all your Questions!
Quora came into existence when former Facebook employees, Adam D’Angelo and Charlie Cheever, set out to create a question-and-answer website in 2009. Hence, the Quora business model was born with the website. Quora was initially available through its website only, but iOS and Android apps were later introduced. The content on Quora is created and […]
Instagram Business Model: The Best in the Market
Instagram started out as a free social media platform back in 2010. Kevin Systrom and Mike Krieger worked together to put out a social media app that focused on sharing images and videos among your network. Hence, Instagram business model and the app was created. Instagram took off because of its unique operating model and […]
Learn How Giphy Works: GIFs are Only a Search Away
It is hard to believe how GIFs have become so famous. They are used by millennials everywhere: in their WhatsApp chats, Facebook posts, Snapchat and Instagram stories etc. You can search GIFs online. However, looking for GIFs on Google can be a long process. Hence, a dedicated search engine for GIFs was born, Giphy. Giphy […]
Payments Bank and The Convenience They Bring
The banking sector is expanding in India. Payments Bank is a new banking concept that is being introduced by Reserve Bank of India. India plans on digitizing different sectors. This is one of their baby steps towards a digital India. The idea of payments bank is to provide banking services in regions where banks are […]