Lecture 7 Flashcards
What are examples of business models that global ventures typically pursue?
- Products and services
- People
- Ideas and technology
- Finance
Why is Celtel an example of the business model ‘products and services’?
Because it provides reliable calls across multiple countries
Why is Entrepreneurial Finance Lab (EFL) an example of the business model ‘products and services’?
Because it provides banks with a screening technology in multiple countries
Name two companies that fall under the business model ‘people’, and explain what they do
Dashfire: helps startups with early technology development.
Elance-oDesk: global online platform that connects businesses and independent professionals for remote collaboration
Name two companies that fall under the business model ‘ideas and technologies’, and explain what they do
Cherrypicks/SK Telecom: bring innovative technology development
Rocket Internet: Identify and replicate successful business models, and bring it to the market
Name two companies that fall under the business model ‘finance’, and explain what they do
Primus Ventures: address financing gap with the use of private-equity business
Homestrings: people who want to invest in their homeland
What do ‘Harnessing the best the world we can offer’ & ‘Globalizing the best we can offer’ mean in the two key business-model dimensions?
Harnessing the Best the World Can Offer: including global differences and opportunities directly into the business model
Globalizing the Best We Can Offer: Taking the best products/services to the global market
