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A new way to profit from writing software for the iPhone is emerging: Sell the applications, then sell your company.
Ca-ching.
Matt Murphy, a partner at venture capital firm Kleiner Perkins Caufield & Byers, manages a $100 million fund devoted solely to investing in start-ups creating apps for the iPhone. The guys at UrbanSpoon we're recently acquired by the media group that owns ask.com and other properties.
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A company that can consistently produce successful iPhone apps is valuable, no doubt... but that seems like a risky acquisition to me, considering how quickly things are changing.
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Posted by: Therapist Website | June 10, 2009 at 02:52 PM