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Founded by Rich Bendis

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The smartphone generation has an app for every need and mood. But does it have the mood for every app out there in the various app markets? Not really.

Of the thousands of new apps that see light of day each year, the vast majority — about 67% — never make money according to a 2013 study by VisionMobile. Another older study by Canalys meanwhile showed that 50% of app revenues in the US came from just 25 developers.