Joseph Nisanov

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Why Business Models Matter

“Business model” was one of the great buzzwords of the Internet boom, routinely invoked, as the writer Michael Lewis put it, “to glorify all manner of half-baked plans.” A company didn’t need a strategy, or a special competence, or even any customers—all it needed was a Web-based business model …

What Is a Business Model?

In <i>The New, New Thing</i>, Michael Lewis refers to the phrase <i>business model</i> as “a term of art.” And like art itself, it’s one of those things many people feel they can recognize when they see it (especially a particularly clever or terrible one) but can’t quite define.<p>That’s less surprising than it …

How to Miss By a Mile: An Alternative Look at Uber’s Potential Market Size

On June 18, Aswath Damodaran, a finance professor at NYU’s Stern School of Business, published an article on FiveThirtyEight titled “Uber Isn’t Worth …

Veronica Mars: One of TV's Realest Depictions of Wealth Inequality

The canceled teen-detective drama, which returns as a Kickstarter-funded movie Friday, asked tough questions about money and power that are still relevant today.<p>Imagine a city that’s home to gaggles of tech millionaires, massive Internet-company IPOs, a housing crisis, and palpable tension between …

The Algorithm Economy: Inside the Formulas of Facebook and Amazon

Today we rely on digital monopolies to organize and personalize our reading and shopping experiences. Is that so bad?<p>It used to be simpler. You woke up, and there was one newspaper you could read. It printed on pulp and delivered to your driveway. You got in your car, and there was a Sears …

How to Make a Simple Cup of Coffee

It's subtler business than you might think.<p>Today’s coffee-shop owners don’t just place orders for beans. They backpack up the sides of volcanoes in Guatemala and Panama to find previously undiscovered farmers who will grow and process beans to their specifications. And if they’ve paid to trek to …

MH370: First week of searching produces no tangible clues

Summary<p>We’re going to wrap up our live blog coverage for the day. Here’s a summary of where things stand:<p><b>• No tangible clue to the fate of Malaysia Airlines flight 370 had emerged</b> after a week of searching. The plane disappeared north of Kuala Lumpur in the early hours of 8 March with 239 people …

Black Simon and Garfunkel's 'Royals' May Be the Best Cover Version Yet

Paul and Art would be proud.<p><b>Black Simon & Garfunkel,</b> the spoof-folk duo comprised of the Roots' Questlove and Kirk Douglas, made another appearance on <i>The Tonight Show</i> last night. In the past, they've covered such pop gems as Katy Perry's "Roar" and Ke$ha and Pitbull's "Timber." This time around, …

Samsung Galaxy S5 vs Google Nexus 5 - Quick Look!