Concept
Power Law Business Model
Business model where a few highly successful customers generate most of the value
Power Law Business Model
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And the way the Shopify business model works is we do charge a subscription, but most of our revenue comes from payments, which is tied to directly to a merchant's success. So in a given cohort of merchants, a lot of people will start.
Concept
Power Law Business Model
Business model where a few highly successful customers generate most of the value
Related Concepts1
Related Frameworks2
Related Practices5
Ask about this concept
Transcript mentions
And the way the Shopify business model works is we do charge a subscription, but most of our revenue comes from payments, which is tied to directly to a merchant's success. So in a given cohort of merchants, a lot of people will start.