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AppSumo, which is located in Austin, TX, was founded by Noah Kagan and David Cramer in March 2010<ref>{{cite web | url=http://www.readwriteweb.com/hack/2010/11/appsumo.php | title=Linode, Heroku and More Included in Latest Appsumo Bundle - Free Bundles for ReadWriteWeb Readers | accessdate=2010-11-09|deadurl=no}}</ref>. The company is currently self-funded and launched their first deals in June 2010<ref>{{cite web | url=http://techcrunch.com/2010/07/21/appsumo-offers-web-software-on-the-cheap-targets-latest-deal-at-entrepreneurs/ | title=AppSumo Offers Web Software On The Cheap, Targets Latest Deal At Entrepreneurs | accessdate=2010-07-21|deadurl=no}}</ref>.
AppSumo, which is located in Austin, TX, was founded by Noah Kagan and David Cramer in March 2010<ref>{{cite web | url=http://www.readwriteweb.com/hack/2010/11/appsumo.php | title=Linode, Heroku and More Included in Latest Appsumo Bundle - Free Bundles for ReadWriteWeb Readers | accessdate=2010-11-09|deadurl=no}}</ref>. The company is currently self-funded and launched their first deals in June 2010<ref>{{cite web | url=http://techcrunch.com/2010/07/21/appsumo-offers-web-software-on-the-cheap-targets-latest-deal-at-entrepreneurs/ | title=AppSumo Offers Web Software On The Cheap, Targets Latest Deal At Entrepreneurs | accessdate=2010-07-21|deadurl=no}}</ref>.


Kagan, an early [[Facebook]] and [[Mint.com|Mint]] employee<ref>{{cite web | url=http://venturebeat.com/2010/06/17/appsumo/ | title=Early Mint, Facebook employee launches AppSumo, a Groupon for software | accessdate=2010-06-11|deadurl=no}}</ref>, started the company after seeing there were no product bundle or daily deals site for the growing web applications category. The core vision was to help solve distribution for startups and eventually all digital goods. Using the [[One deal a day|daily deals]] business model, the company takes a percentage of each sale, which varies between each offer.
Kagan, an early [[Facebook]] and [[Mint.com|Mint]] employee<ref>{{cite web | url=http://venturebeat.com/2010/06/17/appsumo/ | title=Early Mint, Facebook employee launches AppSumo, a Groupon for software | accessdate=2010-06-11|deadurl=no}}</ref>, started the company after seeing there were no product bundle or daily deal sites for the growing web applications category. The core vision was to help solve distribution for startups and eventually all digital goods. Using the [[One deal a day|daily deals]] business model, the company takes a percentage of each sale, which varies between each offer.


The company strongly advocates the [[Lean Startup]] methodology. In March 2011, AppSumo offered a [http://appsumo.com/lean/ Lean Startup Bundle] of [[Software as a Service|SaaS]] products for the [[South_By_Southwest#2011|2011 South by Southwest conference]]<ref>{{cite web | url=http://gigaom.com/collaboration/appsumo-offers-discounted-bundle-for-lean-startups/ | title=AppSumo Offers Discounted Bundle for “Lean Startups” | accessdate=2011-03-11|deadurl=no}}</ref>, which aligned with their [http://appsumo.com/leanchallenge/ Lean Startup Challenge]. The Challenge included mentoring from startup experts, such as [[Dave McClure|Dave McClure]] and Eric Ries, along with $100,000 in funding from 500 Startups and [[Band_of_Angels_(Investors)|Band of Angels]].
The company strongly advocates the [[Lean Startup]] methodology. In March 2011, AppSumo offered a [http://appsumo.com/lean/ Lean Startup Bundle] of [[Software as a Service|SaaS]] products for the [[South_By_Southwest#2011|2011 South by Southwest conference]]<ref>{{cite web | url=http://gigaom.com/collaboration/appsumo-offers-discounted-bundle-for-lean-startups/ | title=AppSumo Offers Discounted Bundle for “Lean Startups” | accessdate=2011-03-11|deadurl=no}}</ref>, which aligned with their [http://appsumo.com/leanchallenge/ Lean Startup Challenge]. The Challenge included mentoring from startup experts, such as [[Dave McClure|Dave McClure]] and Eric Ries, along with $100,000 in funding from 500 Startups and [[Band_of_Angels_(Investors)|Band of Angels]].

Revision as of 20:56, 12 April 2011

AppSumo
Developer(s)AppSumo
Websitewww.AppSumo.com

AppSumo is a daily deals website for web applications and online services open to markets worldwide. Often, the company will offer one web application to potential buyers, but also offers product bundles for multiple applications that can work in conjunction with each other.

Company

AppSumo, which is located in Austin, TX, was founded by Noah Kagan and David Cramer in March 2010[1]. The company is currently self-funded and launched their first deals in June 2010[2].

Kagan, an early Facebook and Mint employee[3], started the company after seeing there were no product bundle or daily deal sites for the growing web applications category. The core vision was to help solve distribution for startups and eventually all digital goods. Using the daily deals business model, the company takes a percentage of each sale, which varies between each offer.

The company strongly advocates the Lean Startup methodology. In March 2011, AppSumo offered a Lean Startup Bundle of SaaS products for the 2011 South by Southwest conference[4], which aligned with their Lean Startup Challenge. The Challenge included mentoring from startup experts, such as Dave McClure and Eric Ries, along with $100,000 in funding from 500 Startups and Band of Angels.

Competitors

References

  1. ^ "Linode, Heroku and More Included in Latest Appsumo Bundle - Free Bundles for ReadWriteWeb Readers". Retrieved 2010-11-09. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  2. ^ "AppSumo Offers Web Software On The Cheap, Targets Latest Deal At Entrepreneurs". Retrieved 2010-07-21. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  3. ^ "Early Mint, Facebook employee launches AppSumo, a Groupon for software". Retrieved 2010-06-11. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  4. ^ "AppSumo Offers Discounted Bundle for "Lean Startups"". Retrieved 2011-03-11. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)