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Although his company has been battered, he says its underlying model is sound.
"The Sierra Club tells people that if we use less energy, the underlying model is sound," he said.
As he said, "we are musicians and our model is sound not literature, sound not mathematics, sound not theatre, visual arts, quantum physics, geology, astrology or acupuncture".
Swiss banking secrecy has been under pressure for 15 years and will come under more, says Mr Widmer, but the model is sound.
Assuming Perk Street's business model is sound, its biggest threat may be a reduction in what it earns from merchant fees.
Mr. Slim declined to be interviewed about the new venture, but he said in a statement, "The business model is sound, and the team brings the talent and industry understanding that will help Ora stand out in digital television, a category which is primed for exponential growth".
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Abraham said that despite the emergence of the BBC's iPlayer and the soon-to-launch commercial joint venture catch-up service Kangaroo, UKTV's business model was sound.
"What contributed to us exiting [the bankruptcy process] so successfully was that the business model was sound," Park told me.
Consequently, from a theoretical point of view empirical selection of this variable in the model was sound and reinforced the accuracy of the Site Index layer that was primarily based on productivity relationships with air temperature and rainfall (Palmer, Watt et al. 2009).
Management became confident the business model was sound.
However, as the model has successfully accounted for data of three experiments [7], we do believe that the basic mechanisms of the model are sound, and decided against post-hoc changes to the model.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com