# Business Models Explained with Fexingo: Subscription, Marketplace, SaaS, and Service Companies Page: https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638 Text version: https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638.md RSS feed: https://feeds.fexingo.com/business/business-models-explained.xml Official site: https://www.fexingo.com/ Author: Fexingo Episodes: 50 ## Resource Subscription models, marketplaces, SaaS, and service companies each have distinct unit economics, growth levers, and competitive moats. In this show, Lucas and Luna dissect how businesses like Netflix, Uber, Salesforce, and McKinsey actually make money — comparing CAC, LTV, churn rates, and contribution margins. Lucas brings journalistic rigor, cross-referencing financial filings and case studies; Luna challenges assumptions about scalability, pricing power, and customer lock-in. Each episode centers on a single model or a head-to-head comparison, avoiding fluff for concrete numbers. This is for listeners who want to understand why some subscription businesses fail while others thrive, why marketplace liquidity matters more than user count, or how SaaS companies balance growth against profitability. No founder hype, no generic advice — just the mechanics behind real companies. How do you choose the right model for a new venture? When should a marketplace pivot to managed services? What makes a subscription truly sticky? #SubscriptionModel #MarketplaceBusiness #SaaS #ServiceCompany #UnitEconomics #CAC #LTV #ChurnRate #ContributionMargin #Netflix #Uber #Salesforce #McKinsey #Busines… ## Machine-readable JSON: https://stenobird.com/v1/public/podcasts/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638 Markdown: https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638.md ## Episodes - [How Duolingo Turned Gamification Into a Billion-Dollar Business](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-duolingo-turned-gamification-into-a-billion-dollar-business) — 2026-06-13T17:58:33+00:00 - [How Leica Turned a Luxury Camera into a Subscription Revenue Engine](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-leica-turned-a-luxury-camera-into-a-subscription-revenue-engine) — 2026-06-13T04:46:52+00:00 - [How Etsy Built a Marketplace for Makers](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-etsy-built-a-marketplace-for-makers) — 2026-06-12T16:56:15+00:00 - [How Supercell Builds a Billion-Dollar Game Studio with Small Teams](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-supercell-builds-a-billion-dollar-game-studio-with-small-teams) — 2026-06-12T08:24:56+00:00 - [How Lemonade Built an Insurance Model on Trust](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-lemonade-built-an-insurance-model-on-trust) — 2026-06-12T04:46:22+00:00 - [How Lululemon Built a Community-Powered Retail Model](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-lululemon-built-a-community-powered-retail-model) — 2026-06-11T17:00:18+00:00 - [How eBay Built the Original Peer-to-Peer Marketplace](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-ebay-built-the-original-peer-to-peer-marketplace) — 2026-06-11T04:52:21+00:00 - [How IKEA Turned Its Supply Chain Into a Business Model](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-ikea-turned-its-supply-chain-into-a-business-model) — 2026-06-10T16:59:45+00:00 - [How Dollar Shave Club Disrupted the Razor Market](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-dollar-shave-club-disrupted-the-razor-market) — 2026-06-10T04:43:37+00:00 - [How The Carvana Business Model Tried to Fix Car Buying](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-the-carvana-business-model-tried-to-fix-car-buying) — 2026-06-09T16:53:43+00:00 - [How John Deere Built a Subscription Model on Tractors](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-john-deere-built-a-subscription-model-on-tractors) — 2026-06-09T04:47:31+00:00 - [How Porsche Turned Options Into a Billion-Dollar Profit Machine](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-porsche-turned-options-into-a-billion-dollar-profit-machine) — 2026-06-08T16:57:56+00:00 - [How Marvel Built a Multi-Billion Dollar Licensing Machine](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-marvel-built-a-multi-billion-dollar-licensing-machine) — 2026-06-08T04:44:41+00:00 - [How Spotify Built a Two-Sided Marketplace](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-spotify-built-a-two-sided-marketplace) — 2026-06-07T16:51:30+00:00 - [How Palantir Built a Government Software Business Model](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-palantir-built-a-government-software-business-model) — 2026-06-07T04:44:54+00:00 - [How Costco Makes Money on the Membership Fee](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-costco-makes-money-on-the-membership-fee) — 2026-06-06T16:55:56+00:00 - [How The New York Times Built a Digital Subscription Business](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-the-new-york-times-built-a-digital-subscription-business) — 2026-06-06T04:43:00+00:00 - [How Figma Built a Collaborative Design Platform That Changed Software](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-figma-built-a-collaborative-design-platform-that-changed-software) — 2026-06-05T16:47:47+00:00 - [Why Walmart Built a Marketplace to Rival Amazon](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/why-walmart-built-a-marketplace-to-rival-amazon) — 2026-06-05T04:41:00+00:00 - [How Patagonia Made Purpose a Business Model](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-patagonia-made-purpose-a-business-model) — 2026-06-04T16:50:57+00:00 - [How Rolls-Royce Sells Power by the Hour](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-rolls-royce-sells-power-by-the-hour) — 2026-06-04T04:48:46+00:00 - [How Chewy Built a Subscription Empire on Pet Love](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-chewy-built-a-subscription-empire-on-pet-love) — 2026-06-03T16:51:04+00:00 - [The Subscription Economy That Runs on Razor Blades](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/the-subscription-economy-that-runs-on-razor-blades) — 2026-06-03T04:41:10+00:00 - [How Airbnb Built a Marketplace That Changed Travel](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-airbnb-built-a-marketplace-that-changed-travel) — 2026-06-02T16:48:47+00:00 - [How Fiverr Built a Micro-Marketplace for Services](https://stenobird.com/podcast/business-models-explained-with-fexingo-subscription-marketplace-saas-and-service-companies-7871638/how-fiverr-built-a-micro-marketplace-for-services) — 2026-06-02T04:42:15+00:00 ## Actions Episode pages expose an explicit `request_transcript` action. 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