Executive Summary: Houseparty is a social media app that lets you connect with friends and other users through video calls. Houseparty makes money from in-app purchases. Users can buy packages whenever they play games on the app. Launched in 2016, Houseparty has quickly grown to millions of users. The company saw over 50 million downloads … Read more
Executive Summary: Clubhouse is a social network where you can listen to interesting conversations with people. Users can listen to interviews and discussions happening online. Clubhouse does currently not generate any revenue. It is currently focusing on expanding its user base before it introduces any monetization. Founded in 2020, Clubhouse has quickly risen to become … Read more
Executive Summary: LimeWire was a peer-to-peer file-sharing program that allowed its users to download and upload music in the form of MP3 and other file formats. LimeWire was shut down in October 2010 as a result of a legal battle between the company and the Recording Industry Association of America. Launched in the year 2000, … Read more
Executive Summary: Shopee is an online marketplace that connects sellers with buyers who can purchase products in several categories, including electronics or fashion. Shopee makes money via marketplace commissions, transaction fees, CPC advertising on its platform, fulfillment services, payment fees, as well as commissions paid by restaurants. Shopee operates on a marketplace business model. Launched … Read more
Executive Summary: Napster was a peer-to-peer file-sharing program that allowed its users to download and upload (predominantly music) files through software on their computers. Napster initially failed because it got entangled in a long-lasting legal battle with the RIAA and various music artists. The ongoing legal battles led to a temporary shutdown in 2001. What … Read more
Executive Summary: Wikipedia is an online encyclopedia in which (almost) anyone can create and edit articles – as long as that person has access to the internet. Wikipedia makes money via donations, investments, as well as merchandise sales. In the future, it plans to launch an API that charges enterprises a fee for access to … Read more
Executive Summary: Friendster was a social networking service that allowed you to set up user profiles, connect with other people, and communicate with them. Friendster failed because of site performance issues, rising competition, executive turnover, as well as extensive content moderation. Founded in 2002, Friendster became the world’s most prominent social network for a short … Read more
Executive Summary: Zalando is an e-commerce platform that offers fashion products for both men and women across categories such as shoes, accessories, or clothing. Zalando makes money via product sales, commissions from its partner program, fulfillment services, subscriptions, advertising, as well as a style box. Zalando operates on a marketplace business model. Founded in 2008, … Read more
Executive Summary: Swagbucks is an online rewards platform that allows members to earn point-based cashback rewards as well as gift cards. Swagbucks makes money via affiliate commissions (also called referral fees) paid by the brands it partners with. Launched in 2008, Swagbucks has grown to become one of the leading rewards sites in the United … Read more
Executive Summary: Skillshare is an online learning platform that allows people to either teach or educate themselves on a variety of topics. Skillshare makes money via monthly and yearly subscription fees as well as a referral fee from recommending other products. The company operates on a marketplace business model. Founded in 2011, Skillshare has grown … Read more
