I would like to pick the brain of this community by asking ‘are there alternatives to the traditional financial models’?

Can the traditional financial model be changed or it won’t change?

What are some y’all seen in your career and think is best or worst. Also do we need another business model, financial model, etc.?

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    1·
    9 months ago

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  • reward72@alien.topBEnglish
    1·
    9 months ago

    The alternatives are selling licenses, selling ads, selling support or selling services. The problem with licenses is that they are not recurring so you have to come up with new stuff all the time to sell more, especially to existing customers. Selling support works fairly well for open source. Services don’t scale when you need twice the staff to double your sales.

  • cooki3tiem@alien.topBEnglish
    1·
    9 months ago

    Technically Netflix, Spotify, etc. are content as a service, not software as a service. The software serves to provide content - if there was no content the value would be gone.

    Marketplaces are abundant, Amazon is worth a gajillion dollars.

    There are probably a multitude of non-profit tech companies that work off of donations and 0 interest funding.

    OpenAPI sells credits based on usage.

    Also do we need another business model, financial model, etc.?

    … good luck.

  • majani@alien.topBEnglish
    1·
    9 months ago

    Before SaaS, the marketplace model was the golden child of tech. Facilitate transactions between people and charge a commission on each

  • pigeon888@alien.topBEnglish
    1·
    9 months ago

    In general, recurring revenue is better than non-recurring revenue due to high client acquisition costs.

    The fundamental questions are why will clients keep coming back to you, how often will they come back, and how much will they spend.