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The Launch Diary: Three months left to save our startup
- rsendv 12y agoSubscribing to the feed and looking forward to following your progress. Good luck!
- andersdrage 12y agoWow, this is interesting. Good luck guys
- mrborgen 12y agoThank you both! Really appreciate it :)
- heumn 12y agoYeah, wow.. I love that common thread to be so open about everything. Best of luck! Can not wait until release :) I will follow along for updates
- general_failure 12y agoGreat idea! I will buy you app just for your effort...
- tkinom 12y agoCool App, How much will you app? Is it iphone only?
- mrborgen 12y agoThanks, it's iPad-only actually. iPhone will come in an update. We had to drop the iPhone version for 1.0 as we didn't have enough time. It will be free to download, with In App Purchases. The main purchase will be a PRO upgrade, which will include all the instruments and voice filters.
- andreash 12y agotl;dr A struggling Norwegian startup is doing daily updates for the rest of their 100 day runway. To be profitable they need 100.000 downloads on their music app, which is soon released (now being reviewed by Apple).
- Pistus 12y agoLove the honesty. Subscribed and looking forward to the updates!
- adamsch 12y agoLove the honesty! Good luck and I hope we'll see a "How Brutal Honesty Saved My Startup" post in 3 months.
- andersdrage 12y agoHow many are on staff and what are the salaries? I'm just wondering since it's seems that you could cut some of the cost and keep up longer, if that's what it takes?
- butwhy 12y ago100k downloads per month to make a living. I don't know a lot about the app ecosystem but that seems like low profitability. ie. relying on something taking off with hundreds of thousands of people to only make a conservative amount of cash.
- mrborgen 12y agoThat might be. 100K just based upon our stats from previous apps, and how well we managed to monetize those. but 100K is indeed not that much. How much would you say it costs top buy that kind of downloads?
- calgaryeng 12y agoWhat are they burning $500/day on?
- mrborgen 12y agoWe are three employees, and living in Norway is not cheap. Our salaries are way below what you'd make if you worked in a kindergarden or a grocery store for example. Plus office rent and various software expenses.
- zimpenfish 12y agoPresumably office rent and salaries.
- djfumberger 12y agoGood luck to the guys. I released a similar app a few months ago - Beatwave (http://beatwave.co http://beatwave.co). We've just hit 1.2 million downloads so the download numbers they're after are fairy realistic I think. Just have to make sure the monetization is spot on to capitalize though!
- dagvonkr 12y agoThanks! We're big fans of Beatwave! Great to hear that this type of app has gained a lot of downloads. We've spent hours discussing and trying out different monetization models, but you'll never know until it's been launched in the end.
- aerovistae 12y agoIf something is "fairy realistic," does that mean it's totally imaginary?
- Yadi 12y agoIt's right on the corner, don't give in! You have time, make it count. Reach out to your target market, audience before hands.