The Airtasker Business Model – How Does Airtasker Make Money?

Executive Summary: Airtasker is an online platform that connects local service providers, which are named Taskers, with customers demanding those very same services. Airtasker makes money from booking and service fees. The platform operates a marketplace business model. Founded in 2012, Airtasker has become one of the world’s leading horizontal marketplaces. It went public on … Read more

What Happened To Digg? Why Did It Fail?

Executive Summary: Digg was a social network and news aggregator platform that enabled members to submit and rate news stories, pictures, videos, and other types of content across a multitude of categories. Digg failed because of poor product decisions, rising competition from other platforms, internal problems amongst its staff, as well as users trying to … Read more

The Flink Business Model – How Does Flink Make Money?

Executive Summary: Flink is an on-demand online delivery platform that enables customers to order groceries through its app or website and have them delivered within 10 minutes.    Flink makes money by selling grocery products through its platform as well as via delivery fees on its orders. Founded in 2020, Flink has risen to become … Read more

What Happened To HQ Trivia? Why Did It Fail?

Executive Summary: HQ Trivia is a live game show app that enables users to compete against each other and win real as well as virtual cash prizes. HQ Trivia failed because it failed to keep its game exciting, due to intense competition, various technical issues, as well as issues with the founder’s leadership style. How … Read more

The Vivino Business Model – How Does Vivino Make Money?

Executive Summary: Vivino is an online marketplace that enables users to search, compare, rate, and even purchase millions of wines from over 231,000 wineries across the world. Vivino makes money via marketing fees, by selling subscriptions, advertising on its platform, as well as by offering aggregated rating data to other businesses. The company operates a … Read more

The VRChat Business Model – How Does VRChat Make Money?

Executive Summary: VRChat is a multiplayer online virtual reality social platform that enables gamers to interact with each other in various worlds using 3D-animated characters. VRChat makes money by offering a premium subscription service as well as by selling merchandise through its own online store. Launched in early 2014, VRChat has grown to become one … Read more

The ShopBack Business Model – How Does ShopBack Make Money?

Executive Summary: ShopBack is a cashback platform that provides consumers with discounts and other monetary incentives when purchasing items from selected stores. ShopBack makes money from affiliate commissions as well as by offering advertising solutions to other brands on its platform. It operates an online marketplace business model. Founded in 2014, ShopBack has risen to … Read more