Firefox Business Model: How Firefox Makes Money

Over the last three decades, we have been through two browser wars, and we are likely on the cusp of the third one.  The first browser war ended with Microsoft's Internet Explorer defeating Netscape Navigator, becoming the market leader in 1998. The second browser war ended with Google Chrome dethroning Internet Explorer, becoming the market leader in 2012.  A key player of the second browser war, Firefox's browser market share peaked at 32.21% at the end of 2009.   As of Dec 2021, Firefox has a market share of 3.91%, coming in fourth after Chrome Safari & Microsoft Edge. With a market share of 63.8% & 19.6%, Google...

Patreon Business Model: How Patreon Makes Money

In 2013, Jack Conte was just another YouTuber Creator among a sea of them. Today, he is the CEO of Patreon, the world's leading creator platform, using which creators around the world have earned more than $3.5 billion as of 2021. How did he go from being a YouTube Creator, without technical chops, to heading the world's largest creator platform?  Well, Conte’s story is as much his as it is Patreons’. So, let’s look into Patreon’s founding story.  And post that, we will also walk you through a bunch of other stuff -- like how exactly Patreon works, business model pivots,...

PharmEasy Business Model: How PharmEasy Makes Money

The decade of 2010s will go down in history books as the decade the internet access proliferated across India. At the beginning of the decade, 92.57 million people were using the internet across the country. By the end of the decade, the number had swelled to 749.07 million. The imminent rise in Internet usage led to the growth of innumerable Internet startups and disruption across industries. One of the first major industries to witness disruption was retail.  The founding of Flipkart in 2007 led to a wave of new online shoppers. The Amazon entry in 2013 and the rise of competitors...

GetUpside Business Model: How GetUpside Makes Money

A few years after its founding in 2016, GetUpside has grown to become one of the leading platforms in the cashback segment in the United States. Users have earned $100 million in cashback until writing this piece, and merchant partners have made more than $200 million in incremental profit using GetUpside.   The cashback segment was an already crowded space, so GetUpside is a business worth studying. In this blog, we go through GetUpside’s founding and growth story, understand how GetUpside makes money, and discuss its future expansions plans. But before we do that, let me briefly walk you through how...

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...

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...