The Challenge of Outcomes-as-a-Service: What Stands in the Way? We have a substantive business model library and have been considering the call to add Outcomes-as-a-Service (OaaS) – and we’ve worked on many attempts. OaaS models promise a shift from selling products or services to guaranteeing measurable results. Whether in healthcare, life sciences, sustainability, or infrastructure, the appeal is clear: Yet, … Read More

Rethinking Capital Strategies For years, the Zero Interest Rate Policy (ZIRP) environment fueled an era of cheap capital, rapid fundraising, and high-risk bets. Startups, impact ventures, and biotech spinouts could secure funding on aggressive growth assumptions, often without clear paths to profitability. No more. In a post-ZIRP world, the cost of capital has risen, investors have tightened their criteria, and … Read More

A Critical Look at NVIDIA’s Business Model (These Reason Street research notes are not meant as investment advice; they are for busy founders and ecosystem leads to make sense of where we are in the hype of AI and make better decisions). NVIDIA is the central player in AI hardware. Its GPUs power the most advanced AI systems, from ChatGPT … Read More

Systemic Transition for Energy: COP28 in a “Beyond Petroleum” Petro State COP28 was heralded as a turning point—the first global climate summit to explicitly call for a “transition away from fossil fuels.” Yet, beneath the diplomatic rhetoric, a deeper question remains: Can this shift be meaningfully realized through the dominant business models governing energy today? The Business Model Trap in … Read More