Forget apps, OnSwipe is the future of publishing.
thenextweb.com
thenextweb.com
So, tell us more.
It's sickening, and the people that do this are vigorously indicating they have at best shallow reasoning facilities.
Some really great companies have much lower profiles than you might expect. Try not to draw conclusions on limited data, or at least understand the quality of said conclusions.
I really don't understand that quote. I didn't watch the video so perhaps there is some context I am missing...How are apps a Ponzi scheme?
Basically, everyone wants to make their own branded apps, but few people are actually going to bother to buy them. The publishers are the victims, not the guys at the top of the pyramid, it's the app makers who're going to profit.
It might be a scam, but for it to be a Ponzi scheme, the developers would need to use the money they get from the first publishers to, say, buy the apps they've developed to show it gets great returns to get new publishers to pay... (or something like that)
Pulse: http://www.youtube.com/watch?feature=player_detailpage&v...
We're working with more than WP as a CMS, but it's a huge install base.