Summary of Mobile app startups are failing like it’s 1999 at andrewchen

  • andrewchen.com
  • Article
  • Summarized Content

    html

    Stop the Madness: How the App Store is Killing Innovation

    This article, written by a Silicon Valley investor, argues that the current mobile app development cycle is mirroring the dot-com bubble of the late 1990s, and is stifling innovation in the industry. The author highlights how the App Store’s emphasis on polished products and big launches discourages agile development and rapid iteration, leading to a cycle of funding, slow development, launch, failure, and then a repeat of the process with a new version.

    How the App Store is Similar to the Dot-com Bubble

    The article draws a parallel between the current mobile app development landscape and the dot-com era. In both cases, startups would raise millions in funding based on an idea and impressive founders, then spend months building a product only to launch with little fanfare and fail to find product-market fit. The article states that this pattern repeats with subsequent versions of the app, leading to a drain on funding and ultimately, failure.

    • In 1999, startups would spend months building a product, launch with fanfare, and then fail to find product-market fit.
    • Today, mobile apps follow a similar trajectory – startups spend months building an app, submit it to the App Store with much PR, and then fail to find product-market fit.
    • This pattern, the author argues, repeats with subsequent versions, leading to a drain on funding and ultimately, failure.

    The Impact of the App Store's Focus on Polished Products

    The article criticizes the App Store's focus on polished products and big launches. This emphasis, the author claims, hinders agile development and rapid iteration, which are essential for finding product-market fit. The author believes that the App Store's emphasis on polish creates an environment where startups feel pressured to invest a significant portion of their funding into building a "perfect" version 1, which often fails to resonate with users.

    The Importance of Agile Development and Rapid Iteration in Mobile App Development

    The article advocates for a return to the agile development principles that were embraced in the early 2000s. Agile development involves rapid iteration and frequent releases, which allow startups to quickly gather user feedback and adapt their product based on data. This approach, the author believes, is essential for mobile app development, where user expectations and the market are constantly evolving.

    • Agile development and rapid iteration were key to success in the web development era (2002-2009).
    • The App Store's emphasis on polished products, however, has pushed developers back to a waterfall development mentality, leading to longer development cycles and slower iteration times.

    The Need for a Shift in Mindset

    The article concludes by urging startups and investors to embrace a mindset that values agile development and rapid iteration. The author emphasizes that the App Store's focus on polish has created an environment where startups are afraid to release early and iterate quickly. This, the author believes, is a major impediment to innovation in the mobile app development space.

    • The article calls for a shift in mindset in the mobile app development ecosystem.
    • It urges startups to prioritize agile development and rapid iteration over polished products and big launches.
    • By embracing these principles, the author believes, the industry can break free from the cycle of failure and create truly innovative mobile applications.

    Solutions: How to Combine Agility with App Store Requirements

    The article also explores some potential solutions to this challenge: How can startups find a balance between the requirements of the App Store and the need for agile development and rapid iteration?

    • The article suggests that startups should adopt a more iterative approach to app development. They should release early and often, and use user feedback to inform their product roadmap.
    • The article also encourages startups to experiment with different approaches to app marketing and user acquisition. Traditional PR and big launches may not be the most effective way to reach users in the mobile app market.
    • The author also calls for a more collaborative approach between startups and investors. Investors should be more supportive of startups that adopt a more agile approach to development.

    The Importance of App Store Innovation

    The article argues that the App Store is a powerful platform, but that its current approach is hindering innovation. The author believes that the App Store has the potential to be a catalyst for even greater innovation, but that it needs to embrace a more agile and iterative approach.

    Conclusion

    The article ends with a call to action, urging startups and investors to embrace a new mindset that values agile development and rapid iteration. The author believes that by doing so, the mobile app development industry can move beyond the current cycle of failure and create truly innovative applications.

    Ask anything...

    Sign Up Free to ask questions about anything you want to learn.