Re:IAC sold 17 apps to Bending Spoons. $100M deal, all 330 e...
by JumpCrisscross on Friday January 12, 2024 @07:43AM
(#38967328)
> a company whose mission is to make the world a better place
I’m looking at the apps in the article and see a private app impersonating NOAA, one to “create stylish, impactful content for social media,” and a series of cheap knock-offs of best-in-class apps. They deserve to exist and make money, and there is no shame in working on them. But it’s hard to argue anyone was responding to a higher calling.
Developers are expensive. It’s hard to argue for geographic premiums on top of that, or maintaining the staff required in a build-up during maintenance or run-down, when WFH has challenged the first and basic economic reality (driven home by positive real interest rates) the latter.
I’m looking at the apps in the article and see a private app impersonating NOAA, one to “create stylish, impactful content for social media,” and a series of cheap knock-offs of best-in-class apps. They deserve to exist and make money, and there is no shame in working on them. But it’s hard to argue anyone was responding to a higher calling.
Developers are expensive. It’s hard to argue for geographic premiums on top of that, or maintaining the staff required in a build-up during maintenance or run-down, when WFH has challenged the first and basic economic reality (driven home by positive real interest rates) the latter.