Who needs a business model anyway? “With this kind of traffic, we'll figure it out” - John Doerr, Google Board - Dick Costello, Feedburner http://www.burningdoor.com/askthewizard/
Web app business models Advertising 34% Subscription 14% 3rd party supported 14% Long game 6% Payments 32% http://www.boxuk.com/blog/monetizing-your-web-app-business-models
The problem with free is that every time you double the size of your database the cost of maintaining the site grows 6 fold. The bigger you get as a free site the less money you make per visit and the more it costs to service a visit.” “ - Markus Frind
Lessons learned Find your niche audience Charge people! Be careful about what you give away Be creative with business models Agile business development