Yes. I'm kicking myself for halting the execution, because I made order of magnitude errors in my projections.
If I'd simply had the idea (not the idea plus all resources required for successful execution), there'd be no twinge.
If I'd simply had the idea (not the idea plus all resources required for successful execution), there'd be no twinge.
If only we had met...!
That said, I think RedLaser as it exists now is a "one time thing." It's a product, not a company, and they're going to have to pivot into something more sustainable than "download this app."
So $1MM is great, but not as great as $1MM/year.
Microsoft manages this by charging for frequent and expensive upgrades, plus OEM deals. That probably won't work for an iPhone app.
There are lots of interesting ways they can go, however, so I am a little jealous that they're in such a great position.
Of course Occipital has other things brewing as well :)