October 28, 2008
Fundware is just one announcement from United Lemur, a company founded recently by engineer Mike Lee. The idea is for new software companies to start out with a small (but high quality) offering, such as an iPhone App. Visitors to Fundware decide to purchase the application not just on its own merit, but also on the potential of the company itself. If successful, the revenue from Fundware will give the new company capital they need to get off the ground and start producing great full-sized applications.
Most “indie” Macintosh software companies (including mine!) are started with free time and a savings account, not investment venture capital or loans. This seems like a great way to help out developers who have great ideas, but lack the time or money to implement them.
The first featured application is Puzzllotto, United Lemur’s own initial iPhone offering. Apart from being the driving force behind some great applications, Mike Lee has some lofty goals for United Lemur and how it will impact the Mac software development community— I hope he’s successful.