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Previously on "Killer App is a much better bet"

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  • motoukenin
    replied
    Originally posted by tomtomagain View Post
    Expanding on your answer.

    The average app in the app store makes less than $3k per year.

    And would take several hundred hours of hard work to build, market and support.

    A "Killer App" - Angry Birds, Clash of Clans, Spotify or whatever would take many thousands of hours with a large team of people.

    For example, Clash of Clans which generated $2.5M per day in 2013, for SuperCell ( who were founded in 2010 and sold for $2.1B in 2013) was developed by a team of 6 people but they had $12M in funding and were part of a bigger company.

    So in short .... killer apps do not just appear ... they are carefully built and marketed by large professional teams.
    Sure , but reading the article seems that this 30 year old Vietnamese lady has more of a marketing skill than anything else , she was involved in frozen yogurt for several years and could not find a way to scale the business , then she got involved in a screen share app that turned over a million dollars which admittedly was marketed via download , after that something that looks more like a Skype rip off that allows people to collaborate, not exactly the sort of app that going to get large downloads so I presume the skill here was in marketing this to big corp.

    Leave a comment:


  • AtW
    replied
    Originally posted by TykeMerc View Post
    An app that kills Russians? Seems a bit extreme and there might be some comeback from certain circles.
    Works on all stupid enough to try it -

    Leave a comment:


  • TykeMerc
    replied
    Originally posted by AtW View Post
    Russian Killer App - 6 to 1.
    An app that kills Russians? Seems a bit extreme and there might be some comeback from certain circles.

    Leave a comment:


  • AtW
    replied
    Russian Killer App - 6 to 1.

    Leave a comment:


  • tomtomagain
    replied
    Originally posted by DaveB View Post
    £50 on the UK Lottery gets you the same odds as the App with none of the effort.
    Expanding on your answer.

    The average app in the app store makes less than $3k per year.

    And would take several hundred hours of hard work to build, market and support.

    A "Killer App" - Angry Birds, Clash of Clans, Spotify or whatever would take many thousands of hours with a large team of people.

    For example, Clash of Clans which generated $2.5M per day in 2013, for SuperCell ( who were founded in 2010 and sold for $2.1B in 2013) was developed by a team of 6 people but they had $12M in funding and were part of a bigger company.

    So in short .... killer apps do not just appear ... they are carefully built and marketed by large professional teams.

    Leave a comment:


  • motoukenin
    replied
    Originally posted by OwlHoot View Post
    Anyone know if all these (fairly) recent Lotto changes have increased their profits as intended?

    I pretty much stopped buying lines when they doubled in price from £1 to £2, and I believe the odds of a jackpot are now even lower than before.
    Yep

    Big Changes Shrink Chance Of Lottery Win

    14 million to one to 45 million to one

    Leave a comment:


  • NickFitz
    replied
    Originally posted by OwlHoot View Post
    Anyone know if all these (fairly) recent Lotto changes have increased their profits as intended?

    I pretty much stopped buying lines when they doubled in price from £1 to £2, and I believe the odds of a jackpot are now even lower than before.
    The changes to the odds and so forth don't happen until October: https://www.national-lottery.co.uk/lotto-changes

    Leave a comment:


  • OwlHoot
    replied
    Anyone know if all these (fairly) recent Lotto changes have increased their profits as intended?

    I pretty much stopped buying lines when they doubled in price from £1 to £2, and I believe the odds of a jackpot are now even lower than before.

    Leave a comment:


  • DaveB
    replied
    Originally posted by motoukenin View Post
    Vietnam's start-up queen - BBC News

    Euro Lotery 77 million to one
    UK Lottery 43 million to one
    Killer App 1.44 million to one
    £50 on the UK Lottery gets you the same odds as the App with none of the effort.

    Leave a comment:


  • motoukenin
    started a topic Killer App is a much better bet

    Killer App is a much better bet

    Vietnam's start-up queen - BBC News

    Euro Lotery 77 million to one
    UK Lottery 43 million to one
    Killer App 1.44 million to one

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