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A teaser rate? Good luck getting publisher or VC funding for something that is a bet on you going big. They will discount projections by the full 30.
by cma 3y ago
A teaser rate? Good luck getting publisher or VC funding for something that is a bet on you going big. They will discount projections by the full 30.
- scarface_74 3y agoYes I’m sure you could get VC funding by selling an app on the App Store.
- Jensson 3y agoYeah of course you could, why wouldn't you? That is one of the easiest ways to get VC funding, up there with making a website.
- scarface_74 3y agoThere is a huge difference between making a “service” exposed by an app and making an app. How many successful “apps” do you know of? And most successful “services” that people access through the App Store don’t go through the App Store for payments
- Jensson 3y ago> There is a huge difference between making a “service” exposed by an app and making an app. Not in terms of Apple pricing, which is what we discussed.
- scarface_74 3y agoYes there is a difference - most services don’t go through the App Store for payments
- cma 3y agoOn top of the other replies, the million threshold impacts smaller scale investment than VC as well.
- astrange 3y agoHow many business ideas does that guy have that make more than $1 million a year but would also be unprofitable after 30% app store fees?
- cma 3y agoIt's more a portfolio of companies that many make less, but a few hits cover the investment in the rest (the standard publishing and tech investing story). If the hits are going to take a 18% rev loss compared to say Epic's 12% store, then that's 18% less funding for the rest if things are invested efficiently/predicted well for the portfolio.