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So at the most simple level, a business model is an articulation of essentially how are you going to capture value for the product or service that you are delivering to your customer. So its essentially how do you make money? And so that is the way that you should think about a business model, is you are offering a product or a service to a customer. They are going to pay you in some respects for that value. And the mechanics behind that is what fundamentally creates your business model. So one of the realities of seed stage, both investing and company building, is that we know that a lot is going to change. Thats part of the reason why we put so much emphasis on team, because thats going to be the constant in terms of building this business. We know that market dynamics will change. We know that a product will change and we know that a business model will change. So at seed stage, its not expected that you have a perfect business model mapped out, perfect packaging and pricing, wh
