Do you think Quirky’s basic business model is sound and fair? If you could suggest any changes, what would they be?
Answer to relevant QuestionsSpend some time looking at Lyft, one of the successful peer-to-peer business model companies mentioned in the feature. Why do you think Lyft has been successful while BlackJet, Ridejoy, and Neighborrow.com failed? Make a bullet-point list of the advantages of hiring freelancers to do short-term projects for a start-up? Twitter (http://twitter.com) is a free networking and micro-blogging service that allows its users to send and read other users’ updates, called “tweets.” Although Twitter has millions of users and is growing rapidly, ...In thinking about the firm’s “basis for differentiation” as part of its business model, what differentiates Etsy from its competitors? What lessons does Digg’s failure have for entrepreneurs who are studying entering the social media industry?
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