Friday, October 22, 2010

Companies Making Money

Developer Dylan Ginsburg has noticed that a lot of iPhone companies (including most of the folks I spoke with at GDC last week) don't like to talk about exactly how much money they've made on the App Store. But he has no such compunctions, so he's written up a nice post on his blog about how much his River of News RSS app for the iPad has made so far. The short answer? About $20,600 since the app was released on August 19th. The app, which peaked in the top 30 (good, but not outstanding), has sold about 9,500 copies so far, and has made about $5500 of that total in the past month, which Ginsburg says seems like a pretty standard period.



I can tell you from my own knowledge that Ginsburg could be making more -- it sounds like he hasn't even started exploring advertising or in-app purchases in his app, and I've heard from many developers that those can be very helpful in the right places. But more important, Ginsburg says the satisfaction he's getting from working on the App Store is better than any monetary gain -- he just recently stepped away from a corporate job, and plans to make a go at creating apps for a full-time living.



It's cool to hear a straight story from one developer on the App Store about just how viable creating apps is. Of course, one thing Ginsburg doesn't talk about is how much work and training went into making his app -- that $20k in sales didn't just appear out of thin air. And not all developers see even his level of modest success, since there are so many apps on the store that don't even make it into the top lists. But Ginsburg is as good an example as any of the kinds of opportunities Apple has created with its App Store platform.

Roundup, Venture Capital, Innovation Economy


VCs Making Smaller Investments, V-Vehicle Restarting Under New CEO, Qualcomm Buys iSkoot, & More San Diego BizTech News




Bruce V. Bigelow 10/18/10

A common theme in last week’s technology news is how companies and entire industries continually remake their businesses, whether it’s the venture capital community, startup carmakers, or a San Diego company that specializes in data storage technology. Read on to see what I mean.


—As the venture capital survey data comes in from the three months that ended September 30, we’re seeing a nationwide rebound in first-time financings for startups. Data from CB Insights, the New York financial information firm, shows seed-stage deals increasing from 1 percent of the deals in the third quarter of 2009 to 11 percent of all deals during the third quarter.


—Venture capital surveys from CB Insights and the MoneyTree Report both show an increasing deal count, but a decline in the total amount of invested. In a year-over-year comparison, the MoneyTree Report showed a 7 percent decline in capital invested with a 9 percent increase in deal count during the third quarter, when venture firms invested $4.8 billion in 780 deals nationwide.


—V-Vehicle, the San Diego startup automaker, changed its name to Next Autoworks. The company, which has raised $87 million from investors that include Kleiner Perkins, Google Ventures, and T. Boone Pickens, also hired industry veteran Kathleen Ligocki as CEO.


Overland Storage (NASDAQ: OVRL), the San Diego data storage technology specialist, acquired Sunnyvale, CA-based MaxiScale, which provides data protection and data management technologies. Financial terms were not disclosed.


—San Diego’s Qualcomm (NASDAQ: QCOM) acquired San Francisco-based mobile social networks software developer iSkoot Technologies. Financial terms were not disclosed.


—Biz Stone, a Twitter co-founder and the San Francisco-based company’s creative director, told The San Diego Union-Tribune last week that a new-and-improved version of the micro-blogging service should improve service worldwide. “It was re-architected to actually be snappier, faster – to deal with information faster,” said Stone, who was in San Diego to speak at the 2010 Tijuana Innovadora conference on innovation across the border.


Predixion Software, based just across the Orange County line in Aliso Viejo, CA, said it had closed on $5 million in Series A financing, led by DFJ Frontier. Predixion, which specializes in low-cost, self-service in the cloud predictive analytics software, said it will use the funds to expand product development,increase sales and marketing initiatives, and expand its sales channel programs and strategic partnership activities.



Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call 858-202-0492




Is Fox <b>News</b> more tolerant than NPR? « Hot Air

The right-wing intolerants of Fox News' audience didn't complain as much about an explicitly liberal commentator on Fox as the tolerant, diverse audience at NPR did? Barone has to be joking, right? Not according to NPR, where omsbud ...

BREAKING <b>NEWS</b>: No Jail For Lindsay Lohan - Judge Orders Her To <b>...</b>

http://link.brightcove.com/services/link/bcpid16157557001/bctid645210306001 Lindsay Lohan caught a major break on Friday when Judge Elden Fox chose not to send her to jail and ordered her to stay in rehab at the Betty Ford Center.

Lindsay Lohan Photos &amp; Pics | BREAKING <b>NEWS</b> - Lindsay Lohan Avoids <b>...</b>

Lindsay Lohan appeared before Judge Elden Fox at the Beverly Hills Courthouse this morning for her latest probation violation hearing, and it appears as though spending the last month at the Betty Ford Center helped convince the judge ...


eric seiger eric seiger
Developer Dylan Ginsburg has noticed that a lot of iPhone companies (including most of the folks I spoke with at GDC last week) don't like to talk about exactly how much money they've made on the App Store. But he has no such compunctions, so he's written up a nice post on his blog about how much his River of News RSS app for the iPad has made so far. The short answer? About $20,600 since the app was released on August 19th. The app, which peaked in the top 30 (good, but not outstanding), has sold about 9,500 copies so far, and has made about $5500 of that total in the past month, which Ginsburg says seems like a pretty standard period.



I can tell you from my own knowledge that Ginsburg could be making more -- it sounds like he hasn't even started exploring advertising or in-app purchases in his app, and I've heard from many developers that those can be very helpful in the right places. But more important, Ginsburg says the satisfaction he's getting from working on the App Store is better than any monetary gain -- he just recently stepped away from a corporate job, and plans to make a go at creating apps for a full-time living.



It's cool to hear a straight story from one developer on the App Store about just how viable creating apps is. Of course, one thing Ginsburg doesn't talk about is how much work and training went into making his app -- that $20k in sales didn't just appear out of thin air. And not all developers see even his level of modest success, since there are so many apps on the store that don't even make it into the top lists. But Ginsburg is as good an example as any of the kinds of opportunities Apple has created with its App Store platform.

Roundup, Venture Capital, Innovation Economy


VCs Making Smaller Investments, V-Vehicle Restarting Under New CEO, Qualcomm Buys iSkoot, & More San Diego BizTech News




Bruce V. Bigelow 10/18/10

A common theme in last week’s technology news is how companies and entire industries continually remake their businesses, whether it’s the venture capital community, startup carmakers, or a San Diego company that specializes in data storage technology. Read on to see what I mean.


—As the venture capital survey data comes in from the three months that ended September 30, we’re seeing a nationwide rebound in first-time financings for startups. Data from CB Insights, the New York financial information firm, shows seed-stage deals increasing from 1 percent of the deals in the third quarter of 2009 to 11 percent of all deals during the third quarter.


—Venture capital surveys from CB Insights and the MoneyTree Report both show an increasing deal count, but a decline in the total amount of invested. In a year-over-year comparison, the MoneyTree Report showed a 7 percent decline in capital invested with a 9 percent increase in deal count during the third quarter, when venture firms invested $4.8 billion in 780 deals nationwide.


—V-Vehicle, the San Diego startup automaker, changed its name to Next Autoworks. The company, which has raised $87 million from investors that include Kleiner Perkins, Google Ventures, and T. Boone Pickens, also hired industry veteran Kathleen Ligocki as CEO.


Overland Storage (NASDAQ: OVRL), the San Diego data storage technology specialist, acquired Sunnyvale, CA-based MaxiScale, which provides data protection and data management technologies. Financial terms were not disclosed.


—San Diego’s Qualcomm (NASDAQ: QCOM) acquired San Francisco-based mobile social networks software developer iSkoot Technologies. Financial terms were not disclosed.


—Biz Stone, a Twitter co-founder and the San Francisco-based company’s creative director, told The San Diego Union-Tribune last week that a new-and-improved version of the micro-blogging service should improve service worldwide. “It was re-architected to actually be snappier, faster – to deal with information faster,” said Stone, who was in San Diego to speak at the 2010 Tijuana Innovadora conference on innovation across the border.


Predixion Software, based just across the Orange County line in Aliso Viejo, CA, said it had closed on $5 million in Series A financing, led by DFJ Frontier. Predixion, which specializes in low-cost, self-service in the cloud predictive analytics software, said it will use the funds to expand product development,increase sales and marketing initiatives, and expand its sales channel programs and strategic partnership activities.



Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call 858-202-0492




Is Fox <b>News</b> more tolerant than NPR? « Hot Air

The right-wing intolerants of Fox News' audience didn't complain as much about an explicitly liberal commentator on Fox as the tolerant, diverse audience at NPR did? Barone has to be joking, right? Not according to NPR, where omsbud ...

BREAKING <b>NEWS</b>: No Jail For Lindsay Lohan - Judge Orders Her To <b>...</b>

http://link.brightcove.com/services/link/bcpid16157557001/bctid645210306001 Lindsay Lohan caught a major break on Friday when Judge Elden Fox chose not to send her to jail and ordered her to stay in rehab at the Betty Ford Center.

Lindsay Lohan Photos &amp; Pics | BREAKING <b>NEWS</b> - Lindsay Lohan Avoids <b>...</b>

Lindsay Lohan appeared before Judge Elden Fox at the Beverly Hills Courthouse this morning for her latest probation violation hearing, and it appears as though spending the last month at the Betty Ford Center helped convince the judge ...


eric seiger eric seiger


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