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How are they going to earn money if they fired the entire team?

• epolanski 3y ago
  By freezing most new development and limiting the work to maintenance and user data/money milking.
• Someone 3y ago
  Teams cost money, so that’s a cost-cutting measure. They’ll replace it with a better team, where ‘better’ is defined from a $$$ perspective. There’s a wide range of options here: - zero person team, and hope to recover cost from buying from existing subscribers and new buyers/subscribers over time before the app dies. - replace them with marketeers, and hope to get enough more new buyers/subscribers before the app dies. - smaller team, making it easier to break-even. - cheaper developers, making it easier to break-even. A new development team might just be a skeleton team to keep the app running across OS upgrades, or it might be a much larger team, or anything in-between.
  • BizarroLand 3y ago
    Also, they could dump the entire thing onto their existing team and just let them deal with it. If the pressure makes you crack then you just weren't up to snuff, right?
• mrweasel 3y ago
  It does seem like a really short term business plan: Buy up a bunch of apps, milk them of all their worth, gambling that it will be more than they paid, before the users all leave. Then take the profit and slaughter a new set of apps. In this case I do wonder how much those apps are actually worth, IAC is apparently happy to take $100M for them, which would indicate that in their current form they aren't going to make $6M each in the short term. Both companies seem rather strange, they don't appear to have any actual coherent business plan.