socialmedian: For some web startups, freemium is the way forward... (GigaOm / TechNews AM)

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For some web startups, freemium is the way forward... (GigaOm TechNews AM)

Submitted by Mogston from blog

Jul 15, 2009

Summary

While web-based companies like Facebook and Twitter have yet to operate on earned income, a string of others have adopted the freemium business model, which involves offering a paid premium service in addition to what’s already being offered for free. Venture capitalist Fred Wilson outlined the attributes of the freemium model in a 2006 [...]