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?
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.
Have any services like this managed to develop a sustainable business model, especially after taking on investment?
Sure, they make a new product get more venture capital shut down the old product, then wash, rinse, repeat.
There were some successful Twitter clients I think. TweetDeck was famous and ended up acquired by Twitter.
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.