3min chapter

Entrepreneurial Thought Leaders (ETL) cover image

Tony Mugavero (Rad) - Hype vs. Reality in VR

Entrepreneurial Thought Leaders (ETL)

CHAPTER

How Does Rad's Business Model Work With Stakeholders?

Rad's business model works with all these different stakeholders involved. Initially we kept everything free, because you know that a lot of timethe early consumer venture back to businesses remain free to capture market chair and then they figure a business model out later. And so as the market started to shift and contents started to dry up, and people weren't macking var movies necessarily, like, there was really more attention to games m We started to have to think, wats the actual model here? And we can keep some of it free, but start to introduce subscription service and start to bring in substantial piece content that are worth paying for.

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