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May 01 2008

frontchannel

Front Channel: Our Micro Business Model

Gregarious Narain and I are running Front Channel as a micro business: extremely low overhead, minimal infrastructure, and zero bureaucracy. Partly this is because we are too busy to create a big fat company, and partly because we are enamored of all things micro. Part of that 'micro, micro, micro' philosophy plays into the business model for the application.

We are planning to allow non-commercial use of the tool for free, as soon as we can get a hosted version of it up. For conferences that are for-fee, we intend to use this micro fee model: Fee = A x T, where A is the full retail cost of attending the conference and T is the number of tracks. So, a conference charging $250 and has three tracks would have to pay us $750 for the use of the tool.

We intend to use the 'trust, then trustworthiness' model where we will allow the conference organizers to fill in the details, and get started without interference. We will, however, reserve the right to block users who are untrustworthy.

Anyway, we hope to have a hosted solution up in a few weeks. In the meantime, we are directly supporting a few conferences that are too eager to wait. More to follow on that front.