We are seeing this too now. It’s very difficult to know whether or not an app with 20k daily installs built in a few months has any amount of sustainability, or if it’s just a decent meme. This seems to be an even greater problem for angel investors, who can’t afford to wait to see more traction and come in at the next valuation level.
I increasingly believe that now’s a more important time than ever to have a long-term focus, when the early stage ecosystem seems to get noisier every day.
Thanks to the combination of smartphone proliferation, the app store distribution model, FB Open Graph integration and Twitter, we are seeing mobile apps reach incredible metrics very fast - particularly in daily installs and sign ups.
It’s has me thinking about a number of things: