business model

Part I: Validate Your Business Model Start With a Business Model, Not a Business Plan – The Accelerators – WSJ

November 26, 2012

A business model describes how your company creates, delivers and captures value. A business model is designed to change rapidly to reflect what you find outside the building in talking to customers. It’s dynamic and it reflects the iterative reality that startups face. Business models allow agile and opportunistic founders to keep score of the pivots in their search for a repeatable business model.

Source: Part I: Validate Your Business Model Start With a Business Model, Not a Business Plan – The Accelerators – WSJ

Blockbuster laughed at Netflix partnership offer – CNET

December 9, 2010

But ask Antioco. Netflix’s management is not a group to take too lightly. There were signs of this in 2000 but apparently Blockbuster managers overlooked them…

McCarthy told the Unofficial Stanford blog that for Blockbuster it was a classic case of the the innovator’s dilemma: “You end up competing with a business that you initially ignored.”

Source: Blockbuster laughed at Netflix partnership offer – CNET