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I'm curious how this will work. Will they fund small apps and not expect them to create different types of revenue streams, just advertising? What does YC thin
by donna 19y ago
I'm curious how this will work. Will they fund small apps and not expect them to create different types of revenue streams, just advertising? What does YC think?
- nickb 19y agoThey don't care. For $10m they've just secured their $5B+ valuation. This move is all about PR and getting more apps integrated into their walled garden, to increase their valuation.
- donna 19y agothanks for the insight. ;-D
- nickb 19y agoYou're welcome. :) PS: Hope I'm not being too cynical but I really do believe that this is about protecting their IPO. If you look into who's funding this, you'll see that it's the same people who funded FB. What they just did is better and cheaper than buying an insurance on a $5B property.