I used to work at a mobile app company that made iOS and Android apps. I generally agree. Folks are taking gambles on apps that they really shouldn't. Lots and

I used to work at a mobile app company that made iOS and Android apps. I generally agree. Folks are taking gambles on apps that they really shouldn't. Lots and lots of apps are far better off as mobile web, especially given all the maintenance/update headaches (app store submissions are still painful and not automated). There's still a nice monitization story if you're willing to give away 20-30%, but I think the long run equilibrium are fewer apps (not zero, but fewer). They do definitely have value but right now they're overhyped.