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Virtual Goods, Accounting, and the Power of the “Rental” Model
11 hours ago ago from abovethecrowd.com
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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