The classic Web 2.0 business model
Posted by admin, Fri Feb 23 04:29:29 UTC 2007
A VC: The Freemium Business Model
Give your service away for free, possibly ad supported but maybe not, acquire a lot of customers very efficiently through word of mouth, referral networks, organic search marketing, etc, then offer premium priced value added services or an enhanced version of your service to your customer base.
If you build it, they will come…