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?

[–] schizo@forum.uncomfortable.business 15 points 2 months ago

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.

[–] linearchaos@lemmy.world 7 points 2 months ago

Sure, they make a new product get more venture capital shut down the old product, then wash, rinse, repeat.

[–] aasatru@kbin.earth 3 points 2 months ago

There were some successful Twitter clients I think. TweetDeck was famous and ended up acquired by Twitter.