We truly live in the world of freemium! Friend of mine made a quick edit with a tool he found on Chrome Web Store called Picnik. All he invested is 10 minutes-installing app, editing a photo, and handing it to me. Cost? No single dime at all. No technique or photo editing skill was needed.
“Freemium” (free + premium) is a business model that works by offering a product or service free of charge while charging a premium for advanced features, functionality, or related products and services. (word created by Jarid Lukin of Alacra, excerpted from Wikipedia.)
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Tags: business model, Chrome, Freemium, Picnik, Venture Capital
