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Re:An App Store Experiment by andrewljohnson on Thursday June 20, 2013 @11:30AM (#5912653)
It's basically the top .1% of apps on iOS - the top 1000 overall or so - that make around $1000/day.

There are close to 1,000,000 apps - 9,999,000 support one person or less.

Re:An App Store Experiment by melling on Thursday June 20, 2013 @12:34PM (#5913029)
$1000/day isn't a company. It's a one or two man shop. It doesn't sound like the economics are there to build the next EA, id Software, etc.
Re:An App Store Experiment by andrewljohnson on Thursday June 20, 2013 @12:40PM (#5913059)
You are thinking from your New York or Silicon Valley bubble? Don't worry, I live there too.

Actually, if you are bringing in $1000/day in the Ukraine, you might have quite a little startup indeed.

Re:An App Store Experiment by Domenic_S on Thursday June 20, 2013 @01:04PM (#5913198)
$30k/month pre-tax?

Forget the bubble -- what makes a company a "real" company is offering things like health insurance and PTO, which are not cheap. That's one or two folks max.

Re:An App Store Experiment by andrewljohnson on Thursday June 20, 2013 @01:35PM (#5913417)
There are no taxes if you spend it all.

And as a person who runs what you think of as a "real" company, I still don't like the sentiment that people who are trying aren't real companies.

Re:An App Store Experiment by Domenic_S on Thursday June 20, 2013 @03:37PM (#5914386)
> There are no taxes if you spend it all.

Tell that to EDD & the FTB ;)

A 1 or 2 person company can be a "real" company. I would love to co-found a 2 person company that did $30k/month, and I'd be proud of it.

But let's not pretend that trying is enough. Being a "real" company is hard. It takes a lot of planning and effort to be square with EDD/FTB/IRS/insurance, cut paychecks on time, pay your partners/vendors, keep PTO records & pay set aside the right way, and so forth. Doing those things is something to be proud of, and something a lot of startups that call themselves companies and give eachother CxO titles don't do.

I think companies who actually take the time, effort, and expense to run those things right -- and have the scale that makes doing those things make sense -- deserve to be called real companies. Just one man's opinion.

Re:An App Store Experiment by andrewljohnson on Thursday June 20, 2013 @09:28PM (#5915975)
Based on how it was said, I assumed corporate taxes. So sure, you need to pay your 800 bucks to the state of California (if you even operate here), and a couple points for payroll tax.

But it's just the sentiment I don't like. If young entrepreneurs give themselves trumped up titles and dream of grandiose things, that doesn't disgust me at all. Perhaps a wry smile, along with some encouragement.