THE MODEL: A
startup which takes non-fiction books and creates blinks, which are basically
15 minute reads highlighting the main concepts.
STARTUP: Blinkist
(German startup)
WHAT I LIKE
Core Idea – A platform
which provides users with bite sized reads highlighting the main concepts of
non-fiction books.
Benefit to Users –
Now users can learn from books without having to invest a lot of time in
reading them.
Networking Aspect – Users
can connect with friends to see what they are reading and highlighting. This further
creates user stickiness.
Free Trial –
Users can try the service for free for 3 days. This reduces the barrier for
users to try out the service and can upgrade if they see value in it.
Non-Fiction Books –
Fiction books and storybooks are read more for the love of reading.
Non-fiction, on the other hand, are primarily read for the learning we can derive
from them. This model, hence, is more suitable for non-fiction books.
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