Spotify Business Model: How Spotify Makes Money

The advent of the internet and the subsequent rise of tech companies, as it did with all other industries, changed the music industry. Amazon changed the way we shop. Netflix changed the way we consume entertainment. Uber changed the way we book cabs. Similar to Amazon, Netflix & Uber; Spotify changed the way we listen to music.  In the process of disrupting the respective industries they chose to target, each of these companies — Amazon, Netflix, Uber & Spotify  — altered the behavioral design of the society and upended the economics of the industry.  In the last two decades, online music...

Google Business Model Case Study

If Google were a country, its 2019 revenue of $162 billion would make it the 60th largest economy in terms of GDP, surpassing 135 smaller countries, according to IMF data. Considering that Google had 118,899 full-time employees as of Dec 2019, its $162 billion revenue translates to a GDP per capita of $1.36 million. (You get GDP per capita by dividing a country's economic output by its population). In Q4 2019, the United States of America had a GDP per capita of $65.420. Comparing the GDP per capita of a country to the GDP per capita of a company is by no means an apple...

LinkedIn Business Model Case Study

In the early days of LinkedIn, Reid Hoffman did something he advises all startup founders to do; he went around and discussed the idea of LinkedIn with all the smart people in his network.  But when he shared the idea of LinkedIn in his network, 2/3 or more thought Reid was nuts.  And to be clear, Reid’s network included some of the most influential people in Silicon Valley at the time because before starting LinkedIn; Reid was the executive vice president of Paypal, meaning he was a member of what is popularly known as the Paypal mafia. Most of Reid’s smart friends...

Swiggy Business Model Case Study

India’s food delivery industry is a duopoly with Zomato & Swiggy controlling most of the market. This duopoly has not only been enriching its position in the food delivery segment but also looking to expand beyond the delivery segment. In one of our blogs on Zomato's business model, we discussed the three key pillars that drive Zomato’s revenue — Food Delivery, Dining Out & Sustainability, and the company’s visions to build new core segments in the future. In this blog, we will look at the different business segments Swiggy has launched since its founding in 2014 to develop a better understanding...

14 Quotes by Anil Ambani(Sorted by Category)

The Ambani’s are one of the richest business families in India. A brand built by Dhirubhai Ambani, Reliance split into divisions after his death. Anil Ambani, the younger son of Dhirubhai, inherited the parts of Reliance functioning in telecom, entertainment, financial services, power, and infrastructure.  While Anil’s brother, Mukesh Ambani, went on to become the richest man in India by growing and expanding his share of the inherited business, Anil was not able to achieve the kind of success his elder brother did. Nevertheless, Anil’s life experiences are bound to have made him wise.  To help you get inside the brain...

46 Quotes by Anand Mahindra (Sorted by Category)

With around 8.5 million followers on Twitter, Anand Mahindra is one of the most loved Indian CEOs on social media. In the real world, he has been the guiding force behind the transformation of Mahindra Group from an Indian jeep and truck company to a multinational firm manufacturing utility vehicles(UVs), Multi Utility Vehicles (MUVs) & Sports Utility vehicles (SUVs). Today, the Mahindra group is a business conglomerate, operating in sectors like aerospace, agribusiness, automotive,  finance and insurance, information technology, logistics, real estate, retail & more Fortune Magazine included Anand Mahindra among the ‘World’s 50 Greatest Leaders’, and he was a...

73 Quotes by Sudha Murthy (Sorted by Category)

When it comes to philanthropy in India, Sudha Murthy, Chairperson of the Infosys Foundation, is widely recognized as one of the leading contributors in recent decades. In 2006, the government awarded her the Padma Shri, the fourth highest civilian award in India, to commemorate her grassroots level social work. Apart from her philanthropic work, she is also an acclaimed author, having written notable books like How I Taught My Grandmother to read, Mahashwetu, and Dollar Bahu. She started her career by becoming the first female engineer to be hired at India's largest auto manufacturer TATA Engineering and Locomotive Company (TELCO). For the...

44 Quotes by Ratan Tata(Sorted by Category)

Mukesh Ambani is the wealthiest businessman in India, but Ratan Tata is the most loved Indian businessman.  Known for his high ethical standard and philanthropic activities as much as his business acumen, Rata Tata served as the chairman of the Tata Group from 1990 to 2012, followed by another brief stint as interim chairman from October 2016 to February 2017. At the time of writing, he continues to lead Tata’s charitable trust.  For the uninitiated, here’s a brief overview of what Ratan Tata managed to achieve during his career. During the 21 years that Ratan Tata lead the group, revenue grew...

36 Quotes by Sundar Pichai (Sorted By Category)

August 10, 2015, is a special day for Indians, and more broadly people of the Asian subcontinent. On this day, Sundar Pichai, Indian born American immigrant, was appointed the CEO of Google.  For many young & ambitious Indians looking to make a dent in the startup world, Pichai is now nothing less than a hero. A by-product of Pichai’s success is that his words are now taken as ‘words of wisdom, and rightly so. Anyone who has achieved the kind of success Pichai has must have insights everyone can benefit from.  In an attempt to collate Pichai’s thoughts, we collated 36...

Jeff Bezos’ Regret Minimization Framework

“A single decision has the power to change your life” We have all heard this phrase, restated, time and again in our lives by someone or the other, in a slightly distinct fashion, if not using the exact same words. In the case of Jeff Bezos, one of the richest men on the planet, a single decision did actually end up changing the trajectory of his life, and the world of commerce.  The story dates back to 1994. At the time, Jeff Bezos was working in a senior management position in a company called D.E. Shaw, a successful quant-focused hedge fund....