Recent research has found consumers are more willing to support a crowdfunded product than a VC funded product as they want to champion the underdog, who the consumer feels is disadvantaged in terms of power, influence, or financial means.

Even though the scramble for Citymapper shares recently went through the roof, many investors were put off by the lack of financial strategy for the future. At some point it will need to find a viable business model that is sustainable and scalable. You can tell Apple put a lot of thought into everything and spent a long time developing this.Despite its popularity, however, the company loses money, and its route to profitability is not yet obvious. The difference between the Apple Watch APIs and the Android Wear APIs are so big it seems like Google just rushed something out the door to compete with the Apple rumors. But if you aren't a developer, you have no clue what's going on behind the scenes. Those well thought out APIs are the reason developers are able to create such great apps with ease. Their haters and competitors still don't seem to have figured this out yet.Īlso, most people aren't developers and they don't understand that the hardest work goes into developing platforms and systems.

As more and more developers start developing better experiences adapted to the unique experience of the watch, the naysayers are going to look sillier and sillier.Īpple's real secret to success is they create awesome platforms that make developers lives easier (with well thought out and advanced APIs) and rewarding (with financially sustainable systems).

Citymapper developers