Business models are my drug. (Okay, that sounded pretty geeky). So when someone writes about the “Best Business Model in the World”, how can I NOT read that article?
The short story is, SAAS is the modern version of the best business model in the world: Costs are high upfront but drop overtime (and approach a theoretical zero) and you get recurring revenue.
So if you’re thinking about starting or changing your business, learn more from this venture capitalist.
(And I’ll send out my apologies here to the MLM folks of the world who, until just now, thought that their business model was the best one in the world).