Yang Sees Opportunity in Giving Money Back to Customers
TechCrunch AI
Entrepreneur Andrew Yang believes the next wave of startup opportunities lies in business models that give money back to customers instead of extracting it. Inspired by Mark Cuban’s Cost Plus Drugs, Yang has launched Noble Mobile, a mobile virtual network operator that provides affordable cell service and gives customers a refund for using less data. This approach is gaining traction, with Yang’s company already seeing significant growth and customer loyalty.
💡 Key Takeaways
- Yang sees an opportunity in business models that give money back to customers, inspired by Mark Cuban's Cost Plus Drugs.
- Noble Mobile, launched by Yang, provides affordable cell service and gives customers a refund for using less data.
- This approach is gaining traction, with Yang's company already seeing significant growth and customer loyalty.