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Re:The Shadow Inc. app that failed in Iowa last night by wenbin on Tuesday February 04, 2020 @06:11PM (#22242162)
The two founders of Instagram spent $65k (out of $500k they raised) to launch the very first version of Instagram in 2010 [1].

[1] https://lnns.co/8zhgtOF0YCo

Re:The Shadow Inc. app that failed in Iowa last night by stormbrew on Tuesday February 04, 2020 @06:19PM (#22242239)
How many unpaid hours did they put in? How much stock did they give to people who also put unpaid hours in? Never mind that they could launch, fix, release, fix release, etc...

A venture with a long development tail after release is absurdly different from this. They had to get it right the first (and only) time, and no one is anticipating even a one in a million chance of getting rich off it.

Re:The Shadow Inc. app that failed in Iowa last night by tptacek on Tuesday February 04, 2020 @06:17PM (#22242215)
Because they weren't seriously paying themselves. Nobody builds an Iowa Caucus app in the hopes of selling to a big tech company for billions of dollars.
Re:The Shadow Inc. app that failed in Iowa last night by 9935c101ab17a66 on Tuesday February 04, 2020 @06:47PM (#22242432)
So what? What's your point?
Re:The Shadow Inc. app that failed in Iowa last night by phonon on Tuesday February 04, 2020 @08:18PM (#22243094)
That they should have used Django for the backend :-)