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So the NYT spent 1% of their revenue on a project to define their entire future business model? Sounds cheaper than most "lean" startups.
by krschultz 16y ago
So the NYT spent 1% of their revenue on a project to define their entire future business model? Sounds cheaper than most "lean" startups.
- LostInTheWoods2 16y agoIf they have that much revenue why do they need a paywall?
- jtheory 16y agoRevenue != profit.
- MichaelApproved 16y agoSo then why not spend 2% or even 3%? By your logic it would probably still be cheaper than most lean start ups and still make sense. You can't run a business by comparing what you spend simply as a percentage of revenue or as to other, unrelated, models.