Business Model

Who needs a business model?

Hey, this is the new economy. We don't need a real business model, do we?

OK, ok, if you insist:

  1. Start a dot-com.
  2. Have an IPO.
  3. Get a bunch of suckers to work for peanuts plus stock options.
  4. Retire.
Isn't that what many other dot-coms did?