Clip

The Impact of Changing a Business Model Overnight
listen on SpotifyListen on Youtube
51:59 - 53:59 (02:00)

The guest speaker talks about the drastic change in business model the company went through, from selling their product for a one-time fee of $500 to a subscription-based model, highlighting the sudden cash and gross margin implications, as well as admitting the company had not figured out the right business model even six to seven years later.

Similar Clips