Wikipedia

This digital product includes the business model of the free content, multilingual online encyclopedia Wikipedia as a Business Model Canvas. Furthermore, you will be provided with a Value Proposition Canvas for one typical customer segment of the company. You can also find similar business models at YouTube, Facebook and Instagram. Wikipedia is a free content, multilingual online encyclopedia written and maintained by a community of volunteers through a model of open collaboration, using a wiki-based editing system. Individual contributors, also called editors, are known as Wikipedians. It is the largest and most-read reference work in history, and consistently one of the 15 most popular websites ranked by Alexa; as of 2021, Wikipedia was ranked the 13th most popular site. It is hosted by the Wikimedia Foundation, an American non-profit organization funded mainly through small donations. Wikipedia was launched on January 15, 2001, by Jimmy Wales and Larry Sanger; Sanger coined its name as a blending of “wiki” and “encyclopedia”. Wales was influenced by the “spontaneous order” ideas associated with Friedrich Hayek and Austrian School of economics, after being exposed to these ideas by Austrian economist and Mises Institute Senior Fellow Mark Thornton. (Source: Wikipedia)