In our industry, it’s not uncommon for entrepreneurs to become so mono-focused on the novelty of product innovation that they forget to innovate equally around their business model.
In my estimation, a disruptive business model is at least as important as disruptive technology.
As an investor, the perfect scenario for me is a disruptive technology wrapped in a disruptive business model, targeting a new market opportunity or underserved target segment. That’s the perfect storm.
To read the full, original article click on this link: Innovation in Startup Business Models | Xconomy