How Does Duolingo Make Money?
For five minutes every day, when I can pull myself away from my Pokemon, I go on Duolingo to practice my French. It is slick and it is free. You may have never heard of Duolingo, but it is no… Continue Reading
Author: Yuen Lo
How Does WhatsApp Make Money?
Early in 2014, Facebook paid $19 billion for WhatsApp. It had over 400m users, and therefore sold up for $47 a user. As is often the case with ground breaking acquisitions, Facebook confirmed that apps and users were worth something,… Continue Reading
How Do Pensions Work?
How does a pension make money for you in retirement is the most important “how does it make money” question of your lifetime. Unfortunately, if you are normal, your eyes glaze over when the topic of pensions come up. I… Continue Reading
How Does Uber Make Money?
A while ago, I made the mistake of saying Uber and AirBnB were basically the same. My friend Jim quickly corrected me. “No AirBnB is the sharing of an existing asset. Uber is the digital disruption of an existing market.… Continue Reading
How Does Android Make Money?
You’re part of a billion mobile phones. And not just any part. You’re the software. The brains behind it all. But you are given away for free. Even worse, the handset makers who use your software have to pay Apple… Continue Reading
How Does A Bank Make Money?
Banks buy and sell money. But what they’re really buying and selling is time. You’ve heard how time is money. Well it really is. Remember when you graduated from school and got a job. You worked hard for six years,… Continue Reading
How Does Yelp & Groupon Make Money?
There is a hair salon at the corner of your street. It doesn’t make sense for them to buy an advert on Google. For years, Google has consistently said that they were targeting local. That they wanted to grab the… Continue Reading
How Does Gold Make Money?
You’ve seen it a thousand times. Maybe you can’t stand the color. Maybe you love the stuff. But one thing easy to note about Gold is that irrespective of which government is in power, irrespective of the amount of blood… Continue Reading
How Does Starbucks Make Money?
I remember being in a Starbucks when my friend asked the barista, “so how does a cup of coffee cost so much?” The Barista didn’t bat an eyelid. “You’re not paying for the coffee, you’re paying to sit on the… Continue Reading
How Does American Express Make Money?
I wanted to write an article on how Venmo makes money, but that meant I had to explain how a credit card company works! American Express is interesting in this space primarily because it is not one thing, but three… Continue Reading