96 karma · joined October 17, 2007
By comparison, Supercell which has the #1 top grossing app (Clash of Clans) and #4 top grossing app (Hay Day) was reported to have $15M in gross monthly revenue, which is far less than Vesterbacka's statement about Rovio, but closer in line with Rovio's Finnish filing.
Angry Birds Star Wars is currently #46.
Maybe the merchandise and licensing is where the money is at?
That's just one of the reasons why ED Texas is so deadly.
Others:
In the ED, it is extremely difficult to get a motion to stay pending review of the patent by the USPTO. The court also moves very quickly, which compresses the financial burden of defense into a short time period. The fast moving court also makes it difficult to get a review completed by the USPTO in time before trial.
That said, the AIA compels the USPTO to rule much quicker, increasing the probability that you can get the patent invalidated before it reaches trial. However, the cost of the new review process is incredibly expensive: hundreds of thousands of dollars if you have an average lawyer. Could be a million if you have a top law firm billing you.
This is not something duplicated easily.
Even in just digital goods, there are general software companies (Microsoft, Intuit, McAfee), gaming companies (Zynga, EA, Valve), online dating companies (Match, Eharmony), geneology (Ancestry), health (Weight Watchers Online) that make 1+ orders of magnitude more money than Evernote.
Most of them also have freemium models. What's special here?
Obviously, other factors, like process yield can be a factor here as well, since a lower process yield for the smaller component would increase its price.
Case in point is David Reimer, who received the first ever sex re-assignment surgery conducted on a developmentally normal child at age 22 months. David became Brenda.
"At age 2, Brenda angrily tore off her dresses. She refused to play with dolls and would beat up her brother and seize his toy cars and guns."
For instance, large retailers have strict gift rules in place so that suppliers cannot "bribe" the retail buyers to get their stuff on shelves.
http://en.wikipedia.org/wiki/David_Reimer
plus anecdotes from friends and family:
""When I say there was nothing feminine about Brenda," brother Brian Reimer later recalled, "I mean there was nothing feminine:
She walked like a guy. Sat with her legs apart. She talked about guy things, didn't give a crap about cleaning house, getting married, wearing makeup. We both wanted to play with guys, build forts and have snowball fights and play army. She'd get a skipping rope for a gift, and the only thing we'd use that for was to tie people up, whip people with it. She played with my toys: Tinkertoys, dump trucks. This toy sewing machine she got just sat."
I would hope that in this country, if the investment is backed by the proper legal documents, that the answer would be yes. that whole rule of law thing.
Otherwise, are you saying that if one makes an angel investment of $1K for 10% of a company, that a judge should back other larger deeper-pocketed investors against the angel primarily because the judge would ask "if harming the millions of dollars of investment is proper on behalf of the guy who put in $1k."?
"We have created for the first time in all history a garden of pure ideology, where each worker may bloom, secure from the pests of any contradictory true thoughts."
Yes, Steve, save us.
Guess which will have the majority of apps and developers?
unless it becomes way too hard to target a sizable chunk of the Android market due to hardware spec fragmentation.
How far we've come.
Here's what's happened at the company I used to work at and what happens at many other companies:
1) IBM comes and says hey you're violating these 10 patents. Pay up.
2) Targeted company goes, hey we're not. Company spends X amount of money and tons of time to prove that they're not violating the patents.
3) IBM goes, oh ok, yeah you're right. So you're not violating those 10 patents. Well, here's another 10 we think you're violating. Now...we can do this forever or you can just pay us $1M/year and have us go away.
4) Targeted company does cost-benefit analysis of legal fees to continue to fight IBM indefinitely or they can pay this "license" fee. Company decides pays $1M to "license" IBM patents
oh and postscript, Targeted company wises up and decides to build up its own IP portfolio as a defensive measure and fills the patent system with even more useless patents.
Or
2. Split the scholarships in half. Half are awarded purely based on ordered rank for scores on an exam. Half are awarded randomly.
I think you need some type of random element to ensure that those who are merely disadvantaged by income or who are later bloomers for their age can be awarded scholarships. The random nature would also eliminate the subjective nature of teacher assessments.
That said, maybe I'm being overly influenced by having just read Outlier by Gladwell. Flawed as I think the book is, it did have some good nuggets.