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I feel a lot of the reaction here will be, man if only I could come up with something like that! The reality is, though, they probably spent a lot of time on t
by jbarciauskas 18y ago
I feel a lot of the reaction here will be, man if only I could come up with something like that! The reality is, though, they probably spent a lot of time on this project, and when you divide the $100k up between the people who worked on it and the number of hours they worked, it does not come out to a ton of money. Also the $100k in a month seems unlikely to be repeated - a bunch of people downloaded it for the "coolness" factor, but it will fade and drop off, as happens with so many apps that are basically tech demos rather than truly useful and productive apps. To summarize, this is likely not a good business model.
However, that's not to say the project wasn't worth it for the people who worked on it - just a caution that while the headline is catchy, the upside for these guys is probably the resume / VC pitch bullet rather than the money.
- gravitycop 18y agoI.e., http://www.google.com/search?q=%22ideas+are+worthless%22 http://www.google.com/search?q=%22ideas+are+worthless%22 How do you get good ideas for startups? That's probably the number one question people ask me. I'd like to reply with another question: why do people think it's hard to come up with ideas for startups?
- eelco 18y agoIndeed. In fact, we had almost exactly the same idea when brainstorming about cool iPhone apps with a couple of people, but thought it was too lame and that we couldn't pull it off in a high-quality way ;) Ideas don't matter, people (with their skills, enthusiasm, etc) do :)