This is how most app developers shoot to success now-a-days:-
"Some independent developer sitting in his basement makes a simple app that shoots to the top of the Apple charts. Next thing you know, he’s making $50,000 a day off of a product that took him three days to develop."
In 2011, there were some remarkable success stories. IPOs launched with a foundation in applications and mobile gaming. 30 year old hobbyists retiring. Below is a list of developers who rode shotgun on this train and are tapping all the way to the bank.
#1 Zynga
Founded: 2007
Number of Employees: 200-250
Zynga is the Titanic of the app world (and then some). With over $1.4B in revenue, these guys took mobile gaming to the max, dominating not only the iPhone application market, but also the Facebook gaming market. Games like Zynga Poker and Words With Friends are consistenly in the top 5 top grossing apps worldwide, bringing in an estimated $200,000+ a day.
#2 Rovio
Founded: 2003
Number of Employees: ~ 300
Popular Apps: Angry Birds, Angry Birds Space
Rovio is probably the most popular brand in the mobile world, having taken Angry Birds to multiple distribution channels (movies, products) and producing over $100M in revenue for 2011. As a point of reference, these guys did about $10M in 2010 – that’s 1000% growth. Not too shabby.
Fun Fact: Angry Birds was Rovio’s 52nd app (after 51 flops).
#3 Capcom Mobile
Founded: 1983
Number of Employees: 1000+
Popular Apps: Smurf’s Villiage, Resident Evil
Capcom has been around for a while selling video games and recently entered the mobile market. They were one of the first companies to integrate a currency system within the app with Smurf’s Villiage, effectively monetizing the gaming experience in a way that had never been done before. The latest stats are saying this venture into the mobile market added a cool $70.3M to their bottom line.
#4 CrowdStar
Founded: 2008
Number of Employees: 10+
Popular Apps: Social Girl, Top Girl, Modern Girl
CrowdStar has made some serious moves lately, coming out with Modern Girl and going straight to the top of the Grossing charts in April 2012. They’re young, hip, and have been getting more funding than most other developers in their space. Talk about building an empire – these guys are doing it.
#5 Funzio
Founded: 2008
Number of Employees: 100+
Popular Apps: Crime City, Modern War
Funzio is a multi-platform development company that had huge success in the 2011 iOS market. They set some very strong benchmarks by pulling in one million downloads in 5 days for their first game Crime City, and another 1.5M downloads in 7 days for their second game, Modern War. They’re hiring and they are hungry.
Founded: 2008
Number of Employees: 100+
Popular Apps: Crime City, Modern War
Funzio is a multi-platform development company that had huge success in the 2011 iOS market. They set some very strong benchmarks by pulling in one million downloads in 5 days for their first game Crime City, and another 1.5M downloads in 7 days for their second game, Modern War. They’re hiring and they are hungry.
#6 Storm8
Founded: 2010
Number of Employees: 100+
Popular Apps: World War, Racing Live
What’s most impressive about Storm8 is that they are only two years old and have reached the top 10 free app with every game they release. As a parent company to TeamLava, one of the top mobile social game developers in the space, they are developing a strong brand of awesome games that cross market themselves to the top, to the point where Zynga listed them as a competitor on their IPO filing. Last June they had a $1M day and then followed with a 40% off sale, pushing 8 of their apps into the 50 top grossing charts.
Founded: 2010
Number of Employees: 100+
Popular Apps: World War, Racing Live
What’s most impressive about Storm8 is that they are only two years old and have reached the top 10 free app with every game they release. As a parent company to TeamLava, one of the top mobile social game developers in the space, they are developing a strong brand of awesome games that cross market themselves to the top, to the point where Zynga listed them as a competitor on their IPO filing. Last June they had a $1M day and then followed with a 40% off sale, pushing 8 of their apps into the 50 top grossing charts.
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