The dangers of relying on startup steroids(theverge.com) |
The dangers of relying on startup steroids(theverge.com) |
A mobile app powered largely by Facebook interactions takes off like a rocket ship. In less than month is adds so many millions of users that it gets bought for $180 million dollars.
A company that was in the red is suddenly worth a ton of cash. Cut to a few weeks later, and Draw Something is shedding users like water off a duck's back.
http://www.betabeat.com/2012/05/02/draw-something-decline-om...
It still would drop users, because the game itself isn't that deep. But I don't think it would be shedding users nearly as much as they are currently.
The Verge tries to be the best single source for gadget news, and they're succeeding, in my opinion.
Also, the creators of the Verge should be lauded for leaving AOL rather then being scorned for "cloning".
(Also: they didn't clone Engadget. They left Engadget to do their own site.)
Don't judge a link by its cover