One of the observations I have arrived at over the course of meeting founders of early stage startups is that often it is not clear during our conversations if they have spent time examining the hypotheses that underlie the business model for the startup they are building. This post 1Any mistakes in quoting from my […]
Business Models
What Is Your Business Model?
“It is a B2B2C business model.” is generally not what I am hoping to hear when I ask “What is your business model?” #BusinessModelGeneration — Brian Laung Aoaeh (@brianlaungaoaeh) February 2, 2015 Invariably, when I am meeting the founder of a startup for the first time to discuss the possibility that KEC Ventures might invest […]
Case Study: Fab – How Did That Happen?
Recent reports in the press about the problems Fab is facing got me thinking about the lessons one might learn from its meteoric rise and spectacular crash. Professional investors always give this disclaimer; Past performance does not necessarily guarantee or predict future results. Similarly, Fab’s experience is not necessarily a precedent that will always be […]
Revisiting What I Know About Switching Costs & Startups
Switching costs are another aspect of a startup’s business model that I pay attention to. Together with Network Effect, Intangibles, Cost Advantages, and Efficient Scale they form the source of economic moats. 1Any errors in appropriately citing my sources are entirely mine. Let me know what you object to, and how I might fix the […]
Revisiting What I Know About Network Effects & Startups
‘One IPO that is probably worth the hype.’ – Chris Beauchamp on the # with @kerushton in the Telegraph. http://t.co/l8FqFRYwzJ — IG (@IGcom) September 1, 2014 The recently announced IPO of Alibaba got me thinking last week about network effects 1Any errors in appropriately citing my sources are entirely mine. Let me know what […]