Archive for February 8th, 2010
Virtual Goods, Accounting, and the Power of the “Rental” Model
Posted on February 8, 2010. Filed under: social networking, Uncategorized, Virtual Goods | Tags: Accounting, Digital Items, Virtual Goods |
American journalists and corporate executives have been slow to appreciate the beauty, brilliance, and consumer allure of the virtual goods business model.It’s not that they did not have data points – China is chock full of multi-US$billion market capitalization companies that are based on this business model. That said, many luddites predicted it was an [...]
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