Speaking of Starbucks’ gift cards, I am always amazed, when I rummage through my kitchen doors, or my wallet, months post-facto, how many unused gift cards occupy the space. Between the time float, and the perpetually unused benefits, some companies can pocket a pretty profit off these things!
Amazing insights and a great read. Thanks for sharing Tom.
Thank you!
Speaking of Starbucks’ gift cards, I am always amazed, when I rummage through my kitchen doors, or my wallet, months post-facto, how many unused gift cards occupy the space. Between the time float, and the perpetually unused benefits, some companies can pocket a pretty profit off these things!
In my mind, they are the only liabilities that are true assets for these companies!
“Everyone is chasing shiny AI apps.
The real money? Quietly productizing services with AI and selling results.” here is the full post for indepth review:
https://open.substack.com/pub/ihtesham1/p/the-boring-ai-business-model-thats?utm_source=share&utm_medium=android&r=6bslfm