Freemium, a web business model

As described in this blog post, there are only a handful of biz models for web apps, and there is one called Freemium.

"Most web apps make money either from advertising, subscriptions, or a mix of both. An app like Blinksale -- an invoice management tool -- is free for a small number of invoices sent monthly, and then charges a fee when you pass some threshold, like the fourth invoice. This is called the "freemium" business model."

Interesting name.

Come and join HKUST MBA Intake 2006 Group!

If you are one of the HKUST MBA Intake 2006 student, come and join us in the new Yahoo! Group that I setup for better communicate between all of us. Please help to spread the word about this group so we could build a better community!

Click to join hkust_mba_intake_2006

For Wii Owners, checkout Mii Plaza and WiiToob

Just stumble upon this Mii Plaza site. You could upload your Mii and your Wii code to meet new friends. Since my friend told me my Mii doesn't look like me enough, I think I will fix mine first before adding it to the site.

On a related note, the same site owner also created wiitoob.com, which is a pretty nice way to watch youtube video on your Wii. I like the AJAX interface.

To wife: Happy Valentine's Day

To wife,

Happy Valentine's Day. We have walked a long way. Thanks for everything.

Guys...Know Your Limits!

True story...

One company annual dinner...

Four drunk guys

One became a statue
One lost his mobile phone in taxi
One lost conscious and took 4 guys to move
One finally slept in the mall (too heavy to move!)
[Update: The last two guys were taken to hospital later, just in case. I am glad that they are OK]

Guys...know your limits!

The 6 Startup Lessons for the Year 2007

Finished reading the blog post called 6 Startup Lessons for the Year 2007. Generally speaking, it is advocating startup to focus on a niche instead of a large audience. It is because a niche usually has less competition and more royal customer.

The six lessons are:

• Divide and Conquer, Differentiate or Die
• Generally Speaking, the Smaller the Niche, the More Loyal the Users Become
• Focus
• No Small Market is Small Enough
• Mind Numbingly Simple
• Bubble Burps (Note: I think it is talking about creating a new market instead of following others)
  

These are not new ideas, but it is good to remind ourselves from time to time.

I love Wii and Mii

After months of waiting, I finally couldn't wait anymore and bought a US Version of Wii. Wii Sports is included and I also bought Zelda and Wario. Zelda is great! It certainly justified the higher price tag for an English version. I also like the brilliant idea of Mii. It is so much fun creating your own representation. Those who know me could tell me whether my Mii looks like me or not. :)

I also like the internet connectivity feature so I could send and receive email on my Wii. The Opera internet browser also works very well. To my surprise it is quite enjoyable surfing the net on TV. Overall, I love it!!

Hi! It's Mii! Joel!

My brain is more female??

Your Brain is 53% Female, 47% Male

Your brain is a healthy mix of male and female You are both sensitive and savvy Rational and reasonable, you tend to keep level headed But you also tend to wear your heart on your sleeve

What Gender Is Your Brain?

Apparently One of my friends got the same score as me too.