That said, I think most comments are missing the point - having attachments not take up characters really won't make the service any more useful to the mainstream... That's the real problem in my opinion.
977 karma · joined June 29, 2013
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That said, I think most comments are missing the point - having attachments not take up characters really won't make the service any more useful to the mainstream... That's the real problem in my opinion.
Developers that understand this are able to make a living on the app store while those that wait for the store to magically make their app successful don't.
As the VC markets cool down we'll those companies that didn't build a company around their apps fail more.
I wrote about this here: https://arielmichaeli.com/making-apps-for-love-and-profit-3b...
I personally think what's happening now is the market maturing. In the long term this will lead to more stability for those who know how to compete.
Companies should be built with revenue (and profit) in mind, and in most cases those are the ones that thrive and succeed.
A few years ago I saw a keynote at a game development conference talking about how on the app store most developers copy successful games. The presenter (David Whatley) called it mining for gold where others have already turned up every nugget possible (paraphrased because it's been a while...).
I think that's a good way to look at this as well. As a user of statuspage.io I can tell you that they leave a lot to be desired + their pricing isn't attractive. They have however a pretty robust and compelling solution.
Can you do something that will make me leave statuspage.io (after spending hours customizing my page) and _need_ to move over to your service? If so the answer is GO FOR IT and don't look back. I have a feeling the answer is no, and that's why you're unsure, at which point I'd start looking for other problems to solve.
Peter Thiel makes a good argument in his book Zero to One that every company needs to be designed to be a monopoly. While I disagree with some of that (competition is healthy), as a founder I know the importance of your differentiator being leaps ahead and not just an update away.
P.S. - The reason we pay for statuspage.io is because we don't have to build (and maintain) the whole management system and don't want to worry about it. For any legit company it's worth it.
This blog post is a bit old but shows around 1.25mm apps on the iOS App Store at the beginning of 2015.
http://blog.appfigures.com/app-stores-growth-accelerates-in-...
I also think 500k apps is either a heavily padded number or has an extra 0... I doubt one company accounts for more than 33% of apps.
In a dense city like NYC however, where there are a ton of alternatives, I think it's more clever than just reallocation resources.
Maybe Uber lowers the trigger for surge during specific times of the day where they know the supply does fluctuate.
My experience is from rides at different hour of the day, but those could have all been coincidences.
Really well said. And the more tiers there are the worse this gets...
Being less ambiguous about what each rating stands for is such an easy way to resolve this.
It's the carriers, platform, middlemen, and even the apps you run (I'm looking at you custom keyboards).
Now this may not be the case always, so yes, a short term plan could work. But I doubt it works reliably enough to be turned into a rule.
This is just not something I can agree with, regardless how it's twisted. Accumulating a sustainable amount of money isn't as easy as raising a few rounds on a weak idea. It takes a real idea, perseverance, and thinking really long term. The mindset quoted above isn't likely to support any of these requirements.
So, really what you'll end up with is a nice house, a pretty car, and a few fake friends while it's all running smoothly. The second you can no longer deliver it all goes away. I might be in the minority here, but I plan to leave my children an empire. Not a house of cards.
I urge you to rethink your statement with the future of the industry in mind, not just a single bank account.
I personally think uber is a great service. The company's aggressive growth strategies can be questioned but given the offended industry is one that hasn't changed in ages, is controlled by a small few, and has lots of issues on its own, I think über is fine.
Another byproduct of their aggressive growth is the amount of money they've raised, which they have been and will continue to put to use on lawyer fees ;)
When will this happen? Soon. If you look at the number of seed vs. A vs. B+ rounds, you'll see that A rounds are on the decline. That's important because that's the stage where companies move from a startup to /real/ companies. Lack of A rounds means investors are willing to throw a little money (seed) on potential, or go big on proven success. That's usually great, but lack of A's means they're not willing to take any risk. That's a sign this bubble is deflating.
_FWIW - I'm a technical founder of a non-funded tech company._
The problem is that some people get comfortable doing multiple roles. That however means that they can only invest a fraction of their time. This means that early on the company gets something, which is better than nothing, but as it grows it's only getting something and that's not enough.
This is applicable to most potosi on, but becomes org debt when the founder(s) don't "replace" themselves.