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It's basically the top .1% of apps on iOS - the top 1000 overall or so - that make around $1000/day. There are close to 1,000,000 apps - 9,999,000 support one
by andrewljohnson 13y ago
It's basically the top .1% of apps on iOS - the top 1000 overall or so - that make around $1000/day.
There are close to 1,000,000 apps - 9,999,000 support one person or less.
- melling 13y ago$1000/day isn't a company. It's a one or two man shop. It doesn't sound like the economics are there to build the next EA, id Software, etc.
- andrewljohnson 13y agoYou are thinking from your New York or Silicon Valley bubble? Don't worry, I live there too. Actually, if you are bringing in $1000/day in the Ukraine, you might have quite a little startup indeed.
- Domenic_S 13y ago$30k/month pre-tax? Forget the bubble -- what makes a company a "real" company is offering things like health insurance and PTO, which are not cheap. That's one or two folks max.
- andrewljohnson 13y agoThere are no taxes if you spend it all. And as a person who runs what you think of as a "real" company, I still don't like the sentiment that people who are trying aren't real companies.
- Domenic_S 13y ago> There are no taxes if you spend it all. Tell that to EDD & the FTB ;) A 1 or 2 person company can be a "real" company. I would love to co-found a 2 person company that did $30k/month, and I'd be proud of it. But let's not pretend that trying is enough. Being a "real" company is hard. It takes a lot of planning and effort to be square with EDD/FTB/IRS/insurance, cut paychecks on time, pay your partners/vendors, keep PTO records & pay set aside the right way, and so forth. Doing those things is something to be proud of, and something a lot of startups that call themselves companies and give eachother CxO titles don't do. I think companies who actually take the time, effort, and expense to run those things right -- and have the scale that makes doing those things make sense -- deserve to be called real companies. Just one man's opinion.
- andrewljohnson 13y agoBased on how it was said, I assumed corporate taxes. So sure, you need to pay your 800 bucks to the state of California (if you even operate here), and a couple points for payroll tax. But it's just the sentiment I don't like. If young entrepreneurs give themselves trumped up titles and dream of grandiose things, that doesn't disgust me at all. Perhaps a wry smile, along with some encouragement.