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Unless a business model is truly (REALLY truly) innovative, there shouldn't be any reason to keep it secret--users care about the product and its cost (be it mo
by tygergolf 19y ago
Unless a business model is truly (REALLY truly) innovative, there shouldn't be any reason to keep it secret--users care about the product and its cost (be it monetary or otherwise) to them, investors would be silly to invest were they not aware of the models, and even in many cases of an innovative model, the model itself may draw added attention.
There are obviously exceptions, but generally speaking I think startups have bigger things to worry about than who knows what their business model is.
- iamwil 19y agoRight, it makes sense to tell investors--otherwise, they'd be crazy to just throw money at you. So far, I find that there really isn't much to keep secret. The only things that people seem to keep secret are technological sauce, # of users, amount of income, and future plans, are what come to mind.