• ALostInquirer@lemm.ee
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    4 months ago

    The pre-seed stage startup is backed by angel investors and NYC accelerator Wolf, which Openvibe attended last year.

    Openvibe is available as a free app on iOS and Android, but plans to experiment with a desktop version. The app will later introduce a subscription plan to generate revenue.

    Have any services like this managed to develop a sustainable business model, especially after taking on investment?

    • schizo@forum.uncomfortable.business
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      4 months ago

      Doubtful. They always are optimistic how many people would subscribe, it turns out that nobody subscribes, and then it’s either them folding or speed-running enshittification and spying.

    • linearchaos@lemmy.world
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      4 months ago

      Sure, they make a new product get more venture capital shut down the old product, then wash, rinse, repeat.

    • aasatru@kbin.earth
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      4 months ago

      There were some successful Twitter clients I think. TweetDeck was famous and ended up acquired by Twitter.