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I’m looking at it and I’m like, “Who’s got the Wall Street Journal subscription? For us, it’s been, “Migrate things that you have on invoice over to card.” We can save companies $100,000 on their AWS bill. Everybody wants to save $100,000 on their AWS bill right now.
I saw we had the opportunity to do that in London and to do something that will be new for Facebook, in the same way that AWS was a new business model and product line for Amazon and a bet that paid off very well. It’s not just for retail or airlines or telcos. It’s about turning companies into communities.
Is AWS in the lead? It’s easy to buy more and it’s easy to have recurringsubscriptions. Can the cloud grow when the country doesn’t work, when Boeing’s losing a billion dollars a week or whatever it’s losing, when our airlines are shut down? Is the Google in the lead?”
5⃣ Focus on Recurring Revenue (Subscriptions or Lifetime Deals) Predictable revenue = stable business. Subscription model (SaaS) = Customers pay monthly or yearly (best for long-term growth). Some Micro-SaaS founders start with a lifetime deal to get early traction, then shift to subscriptions for long-term stability.
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