Half of the iOS and Android app revenue goes to just 25 developers

In the first 20 days of November 2012 $120 million was generated by app downloads and in-app purchases, but $60 million of that total went to 25 companies.

More than 1.4 million apps combined are offered through Apple and Google’s app stores, but there are only 25 U.S. developers that generate half of the revenue from app sales, says a new study by the research firm Canalys.

 

 

 

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Recently bankrupt Vallejo, California is now a model for other U.S. cities

Vallejo

Vallejo, CA became the largest city in America to declare bankruptcy in 2008.

The working-class port city of Vallejo, California became the largest city in America to declare bankruptcy in 2008.  Crime and prostitution surged as the police force was thinned by 40 percent. Firehouses were shuttered, and funding for libraries and senior centers was slashed. Foreclosures multiplied and home prices plummeted.

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How much revenue does it take to be a $1B public company?

one-Billion

One billion dollars neatly stacked.

With all the chatter about Billion dollar valuations — like Instagram, Evernote, Splunk —  combined with recent S1 filings and IPOs, the topic of tech company valuation is coming to the forefront of people’s minds. Specifically related to the software industry, the growing number of SaaS IPO candidates of late is signaling an important shift in the way that enterprise software is built and sold. It also indicates that the subscription business model is here to stay. What does this shift towards a subscription economy means for startups, investors and the IPO landscape?

First of all – get Instagram out of your mind. The price it sold for is not relevant to us mere mortals who are building B2B software businesses. For all good, non-bubble reasons, SaaS companies need tens of millions in revenue, high growth, and solid business fundamentals. What you may notice though, is that revenue may be lower than what we’ve become accustomed to during the last few years of IPO drought…

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Logo Hooks – revenue generating multi-purpose hook

LogoHooks

Featured invention at the DaVinci Inventor Showcase 2011

Logo Hooks® is a new patent-pending concept that creates a branding opportunity while providing an important service. The innovative hook design with space for advertisement creates simple but powerful synergy. Patrons/guests are frustrated by having to place their purses and other possessions in a location that is not secure or sanitary. Logo Hooks® will quickly become a necessity for theatre and event patrons everywhere while creating groundbreaking revenue opportunities for the venue owner.

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In-flight Wi-Fi predicted to grow 600% by 2015

delta-plane

Delta will be the first airline to expand its Wi-Fi service to regional jets.

More airlines are beginning to offer Wi-Fi service and travelers are increasingly expected to take advantage of in-flight Wi-Fi connectivity in the coming years.  A new report from In-Stat News found that in-flight Wi-Fi revenue is expected to grow from about $225 million in 2011 to over $1.5 billion in 2015.

 

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Cash-strapped States Go After Billions of Dollars in Unclaimed Life Insurance Benefits

estate-tax1 

States have laws stipulating that the government becomes the owner of abandoned property after a period of time.

Billions of dollars in unclaimed life insurance benefits are at the center of a legal wrestling match as cash-strapped state governments step up their efforts to make sure insurance companies properly account for the funds.

 

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