Evaluating Markets and Picking Startup Ideas with Charles Hudson
Village Global Podcast
00:00
How to Think About Innovative Business Models
I like subscription models as long as it's aligned with consumer behavior. I think oftentimes when we find leakage or cheating on a business model, it's usually because the model that the company's outlined doesn't line up well with how the customer thinks about value. If the margins of your business are insanely high, you should expect competitors. And if your margins are too low, there better be a big pot of gold at the end of the rainbow in terms of users and usage.
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