[FoRK] $100M for iPhone Developers

[Luis Villa]

I'm going to go with option (c), Ernie, 'laughter.'

No one built anything close to respectable businesses on Palm or
Blackberry or WinCE apps; why will anyone will magically be able to do
so on iPhone, where they not only have the same problems as the
aforementioned platforms but also have to compete against top-notch
free webapps?

This is not to say that there won't be some spectacularly cool iPhone
SDK applications, but I feel pretty safe betting that none of them
will be multi-million dollar businesses.

But hey, KPCB has to earn their fees somehow, so instead of whining
I'll go with laughing. :)

Luis

On Thu, Mar 6, 2008 at 5:08 PM, Dr. Ernie Prabhakar
<drernie at radicalcentrism.org> wrote:
> FoRKers, start your engines (or your whinging, whichever :-).
>
>  http://www.kpcb.com/initiatives/ifund/pressrelease.html
>  Kleiner Perkins Caufield & Byers Launches $100 Million iFund for
>  iPhone Application Developers
>
>  Kleiner Perkins Caufield & Byers (KPCB) today announced the launch of
>  the iFund with $100 million in venture capital to invest in companies
>  developing applications and services for Apple's innovative iPhone and
>  iPod touch. The iFund, managed by KPCB, will be invested in companies
>  with market-changing ideas and products that extend the revolutionary
>  new iPhone and iPod touch platform. Apple will provide KPCB with
>  market insight and support.
>  _______________________________________________
>  FoRK mailing list
>  http://xent.com/mailman/listinfo/fork
>