Earlier quoted context omitted.
Not anymore. Last gen phones have enough performance to run webapps without a single loss in performance, look and feel compared to native apps. Native apps will remain, but you see more and more SPAs wrapped in a hybrid app still maintaining a 'native'look. Costs of developing webapps is dramatically lower. Although native knowledge is still required for Auth, billing, advertising and other required native stuff.
I still have to see a single webapp that is as performant and feels the same as a native one. We might get there, and lots of companies are happy to release a half-backed webapp today, but that is definitely not the experience today.
Also, it runs on a $4 a month namecheap server.
Why is so fast? Because I came from the land of slow crms, and performance was my #1 goal. Instead of making it faster to develope, I made it faster for the end user.
Is that a worthwhile business goal? I don't know. But I know it's fast.