Early-stage venture capitalist Peter Rip recently posted to his blog about what he describes are "the key concepts that seem to appear in the “business models” of companies that I see in my practice."
Now, call me crazy, but I always thought a startup's business model was subscription-based, advertising based, transaction-based, a mix of them or something to be considered only after the IPO. Whatever it was, I though it could be described in two words. Not according to Peter.
Check out this graphic or view the shrunk down version here:
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