A compelling narrative is emerging in business and finance: a shift from funding effort to paying for results. On the surface, outcomes-based models, results-based finance, and impact-linked finance appear to be a logical evolution toward greater efficiency and accountability. This approach, however, is not a panacea. It’s a complex tool whose application merits careful critique,
6 Painful Truths: You Are in Technology, but Actually Work in Finance Wall Street vs. Silicon Valley I’m sorry you had to learn this way, that we haven’t discussed this before. If your money or your friends’ money or your Etsy reseller’s money or your employer’s money or your payroll company’s money or your investors’
Snap MyAI: how does it monetize? Generative AI Snap chose to buy, not build, generative AI features through OpenAI’s enterprise Foundry program for an undisclosed amount. Business Models B:C Subscription: The company rolled out the MyAI feature to current Snapchat+ subscribers who pay for access to early features. TBD Advertising: The company intends to roll out
Bing AI: how does it monetize? Generative AI Microsoft invested in an exclusive deal to use OpenAI’s ChatGPT model within their Bing app, which they have named Sydney. Business Models B:C Advertising: The company is considering in-chatbot advertising suggestions after delivering response queries. B:B Per-API-Call: Microsoft is also charging per-API call fees for developers working with Bing
Changing Barriers to Fundraising Cultures: Ownership Wayfinding Co-Director Jen van der Meer published a paper in The Social Innovations Journal partnering with AshokaVol 16 No 1 Identifying and Addressing Cultural, Geopolitical, Structural, and Educational Barriers to Social Innovation. Link to the paper: https://socialinnovationsjournal.com/index.php/sij/article/view/5372 Link to the Mural board: https://app.mural.co/invitation/mural/newschool14/1674694823728?sender=vandermj6421&key=0a4d641e-cd6e-4351-9188-0e96c820205a This paper addresses the following questions: How
Venture Well 2021 virtual edition I usually can’t attend because it conflicts with Spring Break, but I’m ever grateful to the foundation that supported my early training in Lean Launchpad. Returning to give a talk with my co-director Neyda Martinez at The Impact Entrepreneurship Initiative at The New School. Excellent conversations about access to capital
Medical Logistics Zipline is a medical product delivery company that is changing the way medical supplies are delivered throughout the world Founded Before Zipline, the was founded in 2011 by Keller Rinaudo, initially under the business name Romotive which was a robotic toy controlled by an iPhone. Romotive continued production of the toy through 2014
Now over at Substack for the latest Noticing how digital business models, in particular, are mediating all of my interactions now that all interactions are mediated by digital interfaces. Hi, I’m Jen, and I design business models. I am a teacher and consultant and I help people understand how their organizations make money. That’s been
Image credit: Morning Brew on Unsplash Facebook Flywheel Timeline Business Model Tear Down Facebook seems more complicated than it is. Of all of the Tech Titans, Facebook has the simplest business model. Business model innovation can be understood as a factor of three physical forces: waves, flywheels, and business models themselves. Facebook Flywheel 1 –
We’re all peeled to our digital screens right now checking in on the world, our families, our colleagues, and then trying to predict what all of that means for our selves. What I’ve noticed are fights breaking out based on what comes down to math and mental models. It’s curves vs. lines. I know I’ve