A Quote by Luis von Ahn
The current business model for language education is the student pays — in particular, the student pays Rosetta Stone $500. The problem with this business model is that 95 percent of the world’s population doesn’t have $500.
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The United States of American business pays the second-highest business taxes in the world, 35 percent. Ireland pays 11 percent. Now, if you're a business person, and you can locate any place in the world, then, obviously, if you go to the country where it's 11 percent tax versus 35 percent, you're going to be able to create jobs, increase your business, make more investment, et cetera. I want to cut that business tax. I want to cut it so that businesses will remain in the United States of America and create jobs.
There is something utterly nauseating about a system of society which pays a harlot 25 times as much as it pays its prime minister, 250 times as much as it pays its members of Parliament and 500 times as much as it pays some of its ministers of religion.
My friends and family are amazed I've done so well. I was not a model student. No one expected that I'd build a Fortune 500 company at Symantec.
The networks have a particular agenda, a particular model and structure. It doesn't have anything to do with content. This is not a dis on them - they are a business model, run by business people.
The basic problem is with the business model of journalism. That business model is premised on the idea that talk is cheap and reporting is expensive.
We don't have a business model for health care in this country, We just have a business model for care. The way doctors and hospitals get paid is something bad has got to happen. It's a pure reactive model.
It's extremely hard to build a company with a product that everyone loves, is free and has no business model, and then to innovate a business model. I did that with Kazaa, had half a billion downloads but that wasn't a sustainable business.
Satan promises the best, but pays with the worst; he promises honor, and pays with disgrace; he promises pleasure, and pays with pain; he promises profit, and pays with loss, he promises life, and pays with death. But God pays as he promises; all his payments are made in pure gold.
Generally, the technology that enables disruption is developed in the companies that are the practitioners of the original technology. That's where the understanding of the technology first comes together. They usually can't commercialize the technology because they have to couple it with the business model innovation, and because they tend to try to take all of their technologies to market through their original business model, somebody else just picks up the technology and changes the world through the business model innovation.
The innovations are far more important because the technology itself has now way to impact the world for good until it's embedded in the business model. Innovation it's the combination of the simplifying technology and the business model.
Higher education isn't just a personal investment. It's a public good that pays off in a more competitive workforce and better-informed and engaged citizens. Every year, we spend nearly $100 billion on corporate welfare, and more than $500 billion on defense spending. Surely ensuring the next generation can compete in the global economy is at least as important as subsidies for big business and military adventures around the globe. In fact, I think we can and must go further - not just making public higher education tuition-free, but reinventing education in America as we know it.
If you have a business model that relies on customers being misinformed, you better start working on changing your business model.
All too often, a successful new business model becomes the business model for companies not creative enough to invent their own.
If you ask me, 'So what is your business model?' Our business model's always about shifting to higher value opportunities.
Although population and consumption are societal issues, technology is the business of business. If economic activity must increase tenfold over what it is today to support a population nearly double its current size, then technology will have to reduce its impact twenty-fold merely to keep the planet at its current levels of environmental impact. For example, to stabilize the climate we may have to reduce real carbon emissions by as much as 80 percent, while simultaneously growing the world economy by an order of magnitude.
Megaupload is not responsible for the piracy problem. It's the old business model of Hollywood that is responsible for it, and they want to keep that model alive at any cost.
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