Matt Shea StartupDay 2011 Speech

21
Biz Model Philosophy: Kool Aid or Substance? @Matt_Shea

description

Business Model Philo

Transcript of Matt Shea StartupDay 2011 Speech

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Biz Model Philosophy:

Kool Aid or Substance?

@Matt_Shea

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3 Sources of Revenue

Consumer Business Government

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Consumer +Advertising

1) Access

2) Digital Items

WildCoins

1) Rent/Own

2) Digital Items

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5%

Audience Conversion

95%

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51%

Rev Breakdown

49%

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Non-Optimal

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eCPM =Consumer CostWholesale Cost

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Why biz model it matters

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What are you selling?

Access Upgrade“ ”

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Evolution

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Free *OR* Paid

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What could go wrong?

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Ruin your product

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Apple’s “Democratic” + 99cent Pricing

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A la Carte

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Buy vs Free Access w/ Upsell

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Time Rich vs Cash Rich

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• Own

• Rent

• Sponsor

• Buy

• Earn (Time Rich)

• Sponsor

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PSA

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Summary

• Plan to evolve

• eCPM = Wholesale Pricing

• Biz Model > Feature Advantage

• Cash Rich + Time Rich

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@Matt_Shea [email protected]

Thank you