So many news story recently about these app developers getting bought up for millions and even billions of pounds got me thinking.
Are those companies really worth that money? because really looking at it I don't think they are. I feel that a lot of companies are seeing some apps get the the top spot and really want to buy them even though getting to the top spot doesn't really mean a thing. Just look at Draw Something most people download the free app giving them no money, I guess adverts might give you some money but not really that much and I really don't see anyone buying the colours or extra words among my friends.
This happened before when the internet was first coming about, people bought websites and blogs just because they were in and were seemingly popular but found out later that they weren't getting money out of it and it crashed.
I can see it all happenning again with the app market.