This article was originally published on NCrypted. Uber has taken the on demand economy vertical by storm. Formerly called UberCab, the startup was founded in 2009 in San Francisco by Travis Kalanick and Gerrett Camp. Both the founders are serial entrepreneurs as Gerrett earlier co-founded StumbleUpon (a social discovery engine) and Travis founded Red Swoosh which he later sold for $19 million. The name was later on changed to Uber in 2010, which simply means...
Tag Archives: Revenue Model
OYO Rooms Business Model, How does OYO Rooms make money, How does OYO Rooms Work
This article was originally published on NCrypted. The business model of the over hyped budget hotel network OYO Rooms doesn’t make sense to me for many reasons. The next unicorn (a private company valued at over US$1 billion) in waiting appears to be the next bye-bye story to me. In case you didn’t know, we were the technology partners of OYO Rooms (with the parent Oravel Stays) when it was into an Airbnb type of...
Top 7 Startup Business Models and Revenue Models for Internet Startups
This article was originally published on NCrypted. Entrepreneurs most of the times get puzzled when it comes to defining a firm startup business model and revenue model for their startups. A business model describes the rationale of how the startup creates, delivers and captures value. Quite surprisingly, many business owners often overlook this very important aspect of starting a business and get into a catch 22 situation later on. For the startup, it is foremost important to understanding...
