The Business Model – How Does Make Money?

Executive Summary: Mint is a FinTech company that aggregates data from different financial accounts. Its solution enables users to better track and manage their personal finances. Mint makes money through referral fees that it collects whenever a user purchases any of the financial products the company promotes. Founded in 2006 and headquartered in San Francisco, … Read more

The Airbnb Business Model – How Does Airbnb Make Money?

Executive Summary: Airbnb is a platform that allows travelers to book apartments, hotels, and experiences entirely online. Accommodation and experiences (both online and offline) are provided by so-called hosts. Airbnb makes money by charging a service fee to both the guests as well as the hosts. These fees range anywhere from 3 to 20 percent. … Read more

The GitHub Business Model – How Does GitHub Make Money?

Executive Summary: GitHub is a platform that allows software engineers (and other collaborators) to manage projects online. GitHub makes money by offering premium subscription plans to teams and organizations as well as a fee it generates when users purchase third-party apps on their platform. Founded in 2008 and headquartered in San Francisco, California, GitHub has … Read more

The Robinhood Business Model – How Does Robinhood Make Money?

Executive Summary: Robinhood is an online trading app that enables users to buy and sell financial assets, such as stocks, exchange-traded funds, options, and even cryptocurrencies. Users do not have to pay a brokerage commission when placing a trade. Robinhood makes money via order flow payments, subscription fees, interest paid on stock loans, cash income … Read more

What Is An iBuyer? Business Model Explained

In recent years, companies like Opendoor and Offerpad have flocked the streets of many American cities with their inviting signs, allowing interested buyers almost instant access. These companies are what people in the real estate industry refer to as an iBuyer. Their promise is maximum convenience, a fair offer, and as much flexibility as their … Read more

The Knock Business Model – How Does Knock Make Money?

Executive Summary: Knock is an online real estate platform that allows property owners to trade in their old home for a new one (via the company’s Home Swap™ service). Knock makes money via a convenience fee (equal to 1.25 percent) as well as the profit it generates when selling a home for more than it … Read more

The SoFi Business Model – How Does SoFi Make Money?

Executive Summary: SoFi, short for Social Finance, is a personal finance company that offers products in the field of banking, loans, investing, and insurance. SoFi makes money via transaction fees, loan securitization, referral fees, interest earned on cash, sweep programs, and a lot more. Founded in 2011 and headquartered in San Francisco, SoFi is one … Read more

The Next Insurance Business Model – How Does Next Insurance Make Money?

Executive Summary: Next Insurance is a digitally enabled insurance provider serving small business owners. The company offers different types of policies, for instance, business or liability insurance. Next Insurance makes money by charging customers a monthly premium. Quotes start from as low as $10 per month and policy. Founded in 2016 and headquartered in Palo … Read more

The Offerpad Business Model – How Does Offerpad Make Money?

Executive Summary: Offerpad is an online real estate marketplace that buys and sells homes on its platform. The company, which can be classified as a so-called iBuyer, utilizes technology to aid with the buying and selling process. Offerpad makes money via the service fees it charges sellers as well as the profit it turns on … Read more

The RealReal Business Model – How Does The RealReal Make Money?

Executive Summary: The RealReal is an online fashion marketplace that offers authenticated luxury items. The products are consigned by The RealReal, which employs specifically trained experts that validate items. The RealReal makes money via the consignment fee it collects on every sale as well as a monthly membership fee in exchange for exclusive product access. … Read more