In Defense of Free (continued)

I’ve been a fan of business models that start with free. I have found that is the best way to build a significant uptake on the web. That doesn’t mean you’ll never have any revenues. There are many ways to get paid for a web service that is free for everyone to use.

Josh Kopelman explains the reasons for this in his post, The Penny Gap.

The biggest gap in any venture is that
between a service that is free and one that costs a penny.   I can’t
think of a single premium service that has achieved truly viral
distribution.  Can you?

#VC & Technology