Wednesday, July 22, 2009

Insights and Opinions: The Value Of Free

In our Insights and Opinions piece for today, Marc Averitt of Okapi Venture Capital poses the question: What is the value of free?

At the risk of oversimplifying here, a vast majority of consumers expect information/entertainment (a.k.a. "content") on the Internet to be free in that they are not accustomed to paying for the content the Internet provides them. In fact, there is a whole generation of consumer digital denizens that only know the "Web 2.0 / free" world of the Internet. This poses a potential problem for the related industries: how do we make money if the consumer of what we produce/source/distribute expect that it will remain free?

What does this problem mean for companies and content creators? Read more in What Is The Value of Free.

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