Lately I've been getting some good ideas for Social Media web apps. Although I had the ideas the one question that I knew my VP and CEO would want answered is "where's the money?". So I talked to my boss about it and we didn't come up with a definitive answer except to say advertising and some are services you pay for.
Well I just stumbled upon Freemium. A business model that's governing the next generation of the web.
Read More:
How Freemium Can Work for Your StartupFor Some Web Startups, Freemium Is the Way Forward
Freemium math: what's the right conversion percentage?
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