61–70 of 89 posts
This is not a solid business that might get acquired in the end so they are not interested in 1 hit wonders.
100K for even a few months would give most people a lot of room to find another hit.
100k per month with a free app? Can you elaborate on the revenue model?
The Description says: >>Get $100, €50, and £50 iTunes Gift Certificates with this app! Not just "another reward app"--take a look at our reviews! Devs pay us to promote their apps, and we pass it on to you. Check out the rewards section on the flipside. Not sure how this translates to 100K/month but would be interested to find out.
Take a App creators, b Advertising partners, x End-users sign up, y Users complete reward levels
Get as much x to provide value for a which convinces b to pay you to cover y.
b > y = PROFIT
The trick is x, only a network effect creates the rare times b is ever over y.
This is a pretty good idea. It connects devs who want to sell apps with people looking to buy more apps. I am always looking for a cool game or app. Congrats!
/shameless-plug
"In titles, please don't describe things by their relation to YC unless they're actually associated with YC." http://ycombinator.com/newsguidelines.html
I did not downvote you, but if you read the post you would know it is related to YC.
That said, I think there's nothing wrong with this post, but that guideline is there for a reason.
Are you applying to YC again? (for the 2011 summer batch)?
"Let's forget about getting acquired and build something with which to acquire!" Love that.
Earlier quoted context omitted.
100K for even a few months would give most people a lot of room to find another hit.
The $100K is revenue, not profits. There are a lot of payouts that come out of the $100K.
Maybe Netflix should stop trying to come up with quality recommendations, and come up with a scheme like yours. The real reason to watch movies is to get paid a few bucks someday.
Congrats. Are you sure that any possible additional competition because of this post won't matter to you, though? I am involved with some successful and already well-established websites and the last thing I would do is share how much they make on here.
If the only thing keeping you in the game is the fact that your potential competition doesn't know you're profitable I think you've got bigger problems to address.