Summarise the Business Model of a Company You Are Investing In or Working For

Understanding a company's business model before you invest, join, or engage with it seriously is basic due diligence that most people skip. Revenue streams, cost structure, competitive moat, key risk, and the metric that signals whether the business is strengthening or weakening are the five things that matter most. This analyses a specific company across all five so you understand the economics before you commit.

Company: {COMPANY_NAME}
My context: {MY_CONTEXT} [for example: I am considering investing, I just joined as an employee, I am a customer trying to understand the economics]

Summarise the business model:
1. How the company makes money: the primary revenue streams, how they are priced, and who pays
2. The cost structure: the primary costs and whether the model has operating leverage (costs grow slower than revenue at scale) or not
3. The competitive moat: what, if anything, makes this company harder to copy than it appears, and how durable that advantage is likely to be
4. The key risk to the model: the single most credible threat to this business model in the next [five years]
5. The metric to watch: the one operational metric that would most clearly indicate whether this business is getting stronger or weaker over time