Do Business models matter? Richard Lai. Peter Weill. and Thomas Malone April 26, 2006 Acknowledgment. This research was funded by the National Science Foundation under grant number IIS-0085725. We would especially like to thank Tom Apel for his insights and exemplary software support for this project. In a future paper, we hope to report on his even more impressive work on automatic classification of business models. We are grateful for the insightful comments of Erik Brynjolffson, George Herman, S.P. Kothari, Wanda Orlikowski, Stephanie Woerner, and JoAnne Yates on earlier versions of this paper. We would also like to thank Rani Bhuva, Preeti Chadha, Armando Herrera, J B Hohm, Jayne Huang, Sonia E. Koshy, Kelsey Presson, Kristen Quinn, Elisa Rah, Alice Takajan, Isaac Taylor, and Jason Yeung for their work on coding business models, and Aaron Johnson and Jon Scott for their work on selecting financial performance measuresi Do Business Models Matter? Richard Lai, Peter Weill, and Thomas Malone April 26, 2006 ________________________________ Acknowledgment. This research was funded by the National Science Foundation under grant number IIS-0085725. We would especially like to thank Tom Apel for his insights and exemplary software support for this project. In a future paper, we hope to report on his even more impressive work on automatic classification of business models. We are grateful for the insightful comments of Erik Brynjolffson, George Herman, S.P. Kothari, Wanda Orlikowski, Stephanie Woerner, and JoAnne Yates on earlier versions of this paper. We would also like to thank Rani Bhuva, Preeti Chadha, Armando Herrera, J B. Hohm, Jayne Huang, Sonia E. Koshy, Kelsey Presson, Kristen Quinn, Elisa Rah, Alice Takajan, Isaac Taylor, and Jason Yeung for their work on coding business models, and Aaron Johnson and Jon Scott for their work on selecting financial performance measures