diff --git a/reference/faq.mdx b/reference/faq.mdx
index 432fe58..079e73a 100644
--- a/reference/faq.mdx
+++ b/reference/faq.mdx
@@ -27,3 +27,7 @@ Currently there is no way to specify these option in the Connections UI. A worka
 By default, Wave will query our GitHub releases feed to determine if any new releases have been published. This check happens once on launch and then again every 8 hours. We use the unauthenticated GitHub REST API and while we do not collect any telemetry on these calls, we cannot guarantee that GitHub will not collect its own telemetry.
 
 If you would like to disable the automatic update checks, you can toggle the "Check for Updates" button in the Settings to the off position (the white circle should be on the left and the button should be grey).
+
+## What is your business model, how do you plan on making money?
+
+We are committed to offering Wave free to all developers (free as in speech and free as in beer). Next year, we plan on introducing *opt-in* features for teams (collaboration and sharing) which will require a paid subscription.  In general, anything that runs locally, on your own machine, using your own resources will be free.  Anything that uses our servers and our resources will be paid.
\ No newline at end of file