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Killer App is a much better bet

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    Killer App is a much better bet

    Vietnam's start-up queen - BBC News

    Euro Lotery 77 million to one
    UK Lottery 43 million to one
    Killer App 1.44 million to one
    Warning unicorn meat may give you hallucinations

    #2
    Originally posted by motoukenin View Post
    Vietnam's start-up queen - BBC News

    Euro Lotery 77 million to one
    UK Lottery 43 million to one
    Killer App 1.44 million to one
    £50 on the UK Lottery gets you the same odds as the App with none of the effort.
    "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

    Comment


      #3
      Anyone know if all these (fairly) recent Lotto changes have increased their profits as intended?

      I pretty much stopped buying lines when they doubled in price from £1 to £2, and I believe the odds of a jackpot are now even lower than before.
      Work in the public sector? Read the IR35 FAQ here

      Comment


        #4
        Originally posted by OwlHoot View Post
        Anyone know if all these (fairly) recent Lotto changes have increased their profits as intended?

        I pretty much stopped buying lines when they doubled in price from £1 to £2, and I believe the odds of a jackpot are now even lower than before.
        The changes to the odds and so forth don't happen until October: https://www.national-lottery.co.uk/lotto-changes

        Comment


          #5
          Originally posted by OwlHoot View Post
          Anyone know if all these (fairly) recent Lotto changes have increased their profits as intended?

          I pretty much stopped buying lines when they doubled in price from £1 to £2, and I believe the odds of a jackpot are now even lower than before.
          Yep

          Big Changes Shrink Chance Of Lottery Win

          14 million to one to 45 million to one
          Warning unicorn meat may give you hallucinations

          Comment


            #6
            Originally posted by DaveB View Post
            £50 on the UK Lottery gets you the same odds as the App with none of the effort.
            Expanding on your answer.

            The average app in the app store makes less than $3k per year.

            And would take several hundred hours of hard work to build, market and support.

            A "Killer App" - Angry Birds, Clash of Clans, Spotify or whatever would take many thousands of hours with a large team of people.

            For example, Clash of Clans which generated $2.5M per day in 2013, for SuperCell ( who were founded in 2010 and sold for $2.1B in 2013) was developed by a team of 6 people but they had $12M in funding and were part of a bigger company.

            So in short .... killer apps do not just appear ... they are carefully built and marketed by large professional teams.

            Comment


              #7
              Russian Killer App - 6 to 1.

              Comment


                #8
                Originally posted by AtW View Post
                Russian Killer App - 6 to 1.
                An app that kills Russians? Seems a bit extreme and there might be some comeback from certain circles.

                Comment


                  #9
                  Originally posted by TykeMerc View Post
                  An app that kills Russians? Seems a bit extreme and there might be some comeback from certain circles.
                  Works on all stupid enough to try it -

                  Comment


                    #10
                    Originally posted by tomtomagain View Post
                    Expanding on your answer.

                    The average app in the app store makes less than $3k per year.

                    And would take several hundred hours of hard work to build, market and support.

                    A "Killer App" - Angry Birds, Clash of Clans, Spotify or whatever would take many thousands of hours with a large team of people.

                    For example, Clash of Clans which generated $2.5M per day in 2013, for SuperCell ( who were founded in 2010 and sold for $2.1B in 2013) was developed by a team of 6 people but they had $12M in funding and were part of a bigger company.

                    So in short .... killer apps do not just appear ... they are carefully built and marketed by large professional teams.
                    Sure , but reading the article seems that this 30 year old Vietnamese lady has more of a marketing skill than anything else , she was involved in frozen yogurt for several years and could not find a way to scale the business , then she got involved in a screen share app that turned over a million dollars which admittedly was marketed via download , after that something that looks more like a Skype rip off that allows people to collaborate, not exactly the sort of app that going to get large downloads so I presume the skill here was in marketing this to big corp.
                    Warning unicorn meat may give you hallucinations

                    Comment

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