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20—The business model is the new grid, and other mindbombs (ft. Erika Hall)

Finding Our Way

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Designing Business Models

The business model is the singular constraint through which everything gets molded regardless of what other ideas are. People pay for stuff all the time, people pay for things that are valuable. But price as a signal has been completely obliterated by the availability of capital to subsidize services and products and make them free. So that's what I mean by the business model being the grid.

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