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.
Comments