Hey there!
So, I came across this video from Y Combinator about the different business models and their key metrics. It's a great read for anyone searching for a business model.
Some startups are ambitious enough to tackle both new technologies and business models at the same time. So, my takeaway from my experience and this video is that if our passion lies in developing new technologies to serve customers, why are we also creating new business models to distract ourselves? Both areas require a huge amount of energy and resources.
Here is a quick summary:
Here is a breakdown of the business models of the top 100 Y Combinator companies. There are clear top performers:
50% of the overall value of the 100 companies comes from the top 10.
5 of the top 10 are marketplaces, which are the most likely to build winner-take-all companies:
On the other hand, we should learn from the underperformers:
Here are the nine most common business models Y-C observes in startups:
SaaS (Software as a Service)
Transactional
Marketplaces
Subscription
Enterprise
Usage Based
E-commerce
Advertising
Hardtech/Bio/Moonshots
Well, that's it in a nutshell! I hope this helps you as well and you should check the original video from Y Combinator.
Stay tuned for more and have a great week.
Best,
Wei-J