Buying an App From a Developer is as Simple as Ebay

The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.
Name: Apptopia

Quick Pitch: Apptopia is a marketplace where developers can sell their apps.

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Genius Idea: A mobile app exchange that helps broker the sale of mobile apps, including selling and transferring ownership, code, users and revenue.


Apptopia is a marketplace for developers to sell their mobile apps — including code, users and revenue — after they move on to another great idea , incur other responsibilities or just want to make some additional cash. The startup says the average app on its site sells for $7,500.

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For the most part, Apptopia is a self-serve platform like eBay or Amazon. Developers just sync their developer account when they sign up to list an app. When an app sells, however, Apptopia does help broker the sale. For instance, it works with the buyer and seller to transfer the code.

“For the first time, mobile app developers now have a legitimate exit strategy and buyers looking to get involved in the mobile industry have a new investment opportunity,” Jonathan Kay, founder of Apptopia, told Mashable during an interview.

Interested buyers can search for apps in several categories, including education, business, photography, games, lifestyle, healthcare and fitness and medical. Each app listing includes reviews and ratings and provides information about the total revenue, total downloads, the number of downloads during the best and worst months, the current bid amount and the time left to buy.

For each app sold, the company takes 15% of the sale and may eventually charge a listing fee price of up to $50.

Apptopia has raised $500,000 in funding and launched its first non-beta version today.


Series Supported by Microsoft BizSpark


The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark, a startup program that gives you three-year access to the latest Microsoft development tools, as well as connecting you to a nationwide network of investors and incubators. There are no upfront costs, so if your business is privately owned, less than three years old, and generates less than U.S.$1 million in annual revenue, you can sign up today.

This story originally published on Mashable here.

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